USDJPY is testing resistance, potential reversal!
Price is testing our first resistance, in line with our descending trend line, 78.6% fibonacci retracement and 78.6% fibonacci extension where we could see a reversal below this level. Trading Recommendation Entry: 105.649 Reason for Entry: descending trend line, 78.6% fibonacci retracement and 78.6% fibonacci extension Take Profit: 104.955 Reason for Take Profit: 50% fibonacci […]