EuroMotif

USDJPY at minor support but going deeper? UJ to test 108

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FX:USDJPY   Dolar A.S. / Yen Jepun
Quick plot to check support zones coming up
Currently at a 3.618 for possible dead cat bounce.
Strong support zones below, including $108 round.

Of course this pair is driven by Risk Sentiment.
Risk Sentiment is currently driven by Trump.
Trump is currently driven by ___________ ??

This is NOT the place to enter a short.
This MAY be the place to close shorts.
This MAY be the place to scout longs.

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See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

Silver Bounce scalp (Perfect entry, still in play)

DXY top call (Upthrust warning just in time)

SPX recent top (Fib extensions at work)

XAU.USD long to short (recent perfect entries)

USD.JPY short to long (recent perfect entries)

EUR.USD long term Short (the very tippy-top a year ago)

AUD.USD long term Short (almost at a long term target now)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Komen:
Coming in for a landing it seems might be bouncing here, lets see if bulls get past that 3.618 around 108.2 to confirm the bounce...

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Komen:
First test of the bounce (dead cat or not)
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Komen:
Bounce looks good so far. Upcoming resistances on Chart below. 108.74x is probably about max for the bounce before retrace or downtrend resumption.

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