USDJPY ready to break

١٩ أغسطس ٢٠١٧

USDJPY is currently trending above strong support area. Breaking this 50% fib could be good position for short orders. But we also can stay above 50% fib and go back up over the resistance line. This would be a buy signal. But personally I think this pair will more likely go downside because it was not able to break above resistance line for buy setup. I'm definitely going to watch this pair.
Good luck