USDJYP Potential Reversal Area and Possible Targets

tradingteacher

Junior member
34 0
Here we have a potential sell area on usdjpy.
This is using extended fibs and here we have the 161% in a area where we have strong historic resis.

If we have a strong bounce on that area I think we will be most likely seeing the pair fall to 82 then if it closes under there 80.5
 

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