Ambipath

USDJPY Is Due To A Retrace

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Ambipath 已更新   
FX:USDJPY   美元 / 日圓
USDJPY

This pair is in a definite downtrend but with such huge moves down corrections are inevitable. The price will bounce up closer to the moving average. We have multiple bullish divergences on multiple indicators confirming this analysis. The projected take profit level is a 61.8% fib level. There is still a chance that it will honour weekly bearish engulfing candle formation and continue to fall down thus the stop loss is placed just under the previously respected S/R level.
交易結束:目標達成:
Take profit reached and looks like just in time.

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