End of Day Technical Analysis Report for:
Technical Recommendation: We are Short. Looking to double the position.
► USDJPY: yesterday we stated that bias has changed to bullish so we would consider going Long on a retracement. Today price did retrace further and found support at the 38.2 Fib. We will be looking for a re-test of the 50 Fib and possibly go Long in that area (119.70-119.80)
Technical Recommendation: Shorting bias depending on tomorrow’s action.
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