BRC of a resistance zone from a previous high, which lines up with a bullish fib. Broke through a long term bearish TL on a higher timeframe which gives this pair a bullish bias right now.

Looking to see the pair go up to near the -0.27 fib extension level, stop loss placed below the 78.6 fib level.

FibonacciTrend AnalysisUSDJPY

Penafian