Since yesterday, Yen has weaken a lot, thanks to Japanese government additional stimulation package.
Thus I am looking for another Long opportunity with GBPJPY pais.
After making a Double Top at 187.50, the price has declined a bit.
As always, the next buy zone will be somewhere between Fib38.2-61.8%.
Please note Fib38.2 is at DPP, Fib50 is at Support & Fib61.8% is at WPP.
All of them are interesting!
Hope this analysis helps you build up your own.
YJ Baik – Forex.Today