USD/JPY rebounded on Thursday after setting a new low for the recent sell-off at 110.24, the lowest level traded since November 18th.
The pair advanced to 111.73 on Thursday, but has since struggled to break above that area.
USDJPY H4 CHART :
Triggered by USD Weakness , USDJPY could not break out Fibo Resistance @111.500
USDJPY will test again 110.300 and if the price could break this support the next level will be 109.500.
You can read the details :
https://www.fxters.com/single-post/2017/05/20/USDJPY-Trade-Idea-New-Lows-Waiting-
Files:
USDJPY_H4.jpg
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