After breaking above the Ichimoku cloud and confirming a bullish reversal beginning of November, USDJPY hits Fibonacci resistance. This could cause the pair to stop and hang around the area for a while. Read on for an IDDA (50% OFF for Thanksgiving!) approach... As well as different scenarios that you can trade the pair in a medium and long basis. Daily Chart: The USD/JPY pair confirmed a bullish reversal after the US elections. The market kept up with the sentiment in the past two weeks. The naughty pair broke above a number of serious resistance levels such as the Ichimoku cloud, the pivot of 105.25, and 38% ... (full story)