Possible resistance level

٢٠ أبريل ٢٠١٨

usdjpy may encounter a possible resistance at around 107.93, the level seems to also be the 38.2 fib level of 113.52 to 104.64. a quick short may be experienced at that level as prices seems to still be on a descending trend... i ll be looking for short opportunities around this level stop loss ll be placed directly above the most active resistance candle stick