Our Preference: Sell below 112.20 for the target of 110.80 level
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week UsdJpy was broken the lower trend line and last week closing also on lower side and its broken 38% Fibonacci retracement levels so further we can except on selling side and except upto next key support level :- which we have shown in attached image.
In Daily Chart :- Last week UsdJpy was broken the lower trend line and last week closing also on lower side and its broken 38% Fibonacci retracement levels so further we can except on selling side and except upto next key support level :- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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