USDJPY > Could We See a Pull Back to 200 MA?

7 thg 6, 2020

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Analysis of #USDJPY

Price broke and close above its 200 MA, Massive shift in trading sentiment and Risk-On is kicking in.

I believe this is too much, but do mind me, just care about the chart, we have potential came into a resistance, also FIB 61.8.

If I get reversal pattern on the lower time frame I will sell this one for a retest f the 200MA


⚠ Please note the ideas is valid only if it happened as I said above

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Check today analysis below

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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only