USDJPY Level to watch today for a possible scalp? 18th, March, 2014
USDJPY Level to watch today for a possible scalp?
1 Hour Chart
Total of 3 x confluence / overlapping
Area to watch today is the Confluence levels of Weekly Pivot + fib 38.20 + Inverse of todays swing of 127.2 fib ext.
Also on the second chart, the same area is also the top of the kumo clouds which acts as resistance
Have drawn some predictions of possible stochs divergence.
Outlook Trade opportunity
Short ScalpRisk Level LOW
Tips -
Always take note of any economical news event on our provided calender below
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