Last month, USDJPY reached 114.5 as new higher price for this year . From this pick, the price dropped more than 61,8% of Fibonacci's retracement .
There was a perfect bounce on the big uptrend (same uptrend from april, check the pics below). Since this bounce, the price is very .
On my last analysis, my entry was around 112.830, currently we are in profit but the main target il at least 114.00 .
Yesterday, USDJPY reached the 50% of Fibonacci's retracement after used the MA10 and MA20 as support
Thanks guys !