VanSteenMarketResearch

USDJPY short trendline + key level rejection

Kort
FX:USDJPY   USA-dollar/Japansk yen
In history there is a strong move down, but this retracement is not strong enough at the moment. Looking for 2 possible setups:

1. Strong momentum up towards the trendline , good healthy rejection and break of the countertrend.
2. Strong momentum up towards the 110.05 level, which is a strong psychological level too. Want to see healthy rejection there and break the countertrend.

Option 2 would be the strongest setup

Will update this idea when one of those setups are formed
Kommentera:
French elections gapped the market up.

Trade idea invalid.
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