USDJPY Fibo Open Short - Attractive Risk Reward!

Having cleared the 1.618 fibo level in the previous midterm bull trend, USDJPY have taken a dip and retracement above 61.8%. Targeting 1st target profit at 107.6 after crossing the fibo 1.618 level.

With stop loss at last high of 109.74, Risk / Reward ranging from 4.5 - 7X depending on entry level.

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