DislikedShort USD/JPY 107.20 area
You can't see it on this chart, but historically this level has held up very well; also coinciding with a .618 retracement. The furthest I think it would push is to 107.35. There is resistance right ahead of this mark at 107.08. If price makes a sizable retracement from it (107.08), I would be hesitant about entering another short so close, and wait it out to the 107.71-63 area.Ignored
- | Joined Sep 2007 | Status: London | 187 Posts
Be like a post stamp! Stick to it until you get there!
- | Joined Sep 2007 | Status: London | 187 Posts
Be like a post stamp! Stick to it until you get there!
- | Joined Sep 2007 | Status: London | 187 Posts
Be like a post stamp! Stick to it until you get there!