PAIR – USDJPY ( NINJA)
Ninja, up trending for nearly 200 days losing momentum with the today’s candle stick. May bounce off 114.2-30 areas then we should expect bearish moves. 114 is a key zone with multiple historic rejections. 114.2 is the Fib line, we expect it to come down to 50% retracement before going up past 114.2.
Analyst – L.S