Expect Further Decline Towards 109.23 | 25 Mei 2017
25 Mei 2017, USD/JPY
Technical Observation
Recently, USD fell drastically and is currently rallying below 111.60. 111.60 is a key line and unless it's clearly breached to the upperside, I epect further decline towards 109.73. On the 4 Hour chart above, sell positions seems more ideal compared to buy positions. My advice, short USD with your SL above the previous day's highest high112.12 and TP at 109.23. Technical levels:
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