Our Preference: Sell below 113.50 for the target of 113.00 and 112.00 level
Alternative Scenario: Nill
Technical Commentary: In 4 hour Chart :- UsdJpy was trading below the 23% Fibonacci retracement levels and new upper trend line was formed and strong key resistance of upper trend line formed, so we can sell near upper trend line and except upto next key support level :- which we have shown in attached image
In 4 hour Chart :- UsdJpy was trading below the 23% Fibonacci retracement levels and new upper trend line was formed and strong key resistance of upper trend line formed, so we can sell near upper trend line 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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