E USDJPY Turning Bearish


USDJPY is moving nicely to the downside, now 90 pips from the highs so it appears that top has been formed.

We also see current reaction acting impulsively so more downside can be seen as larger three wave decline is likely here that can continue through 108.95 and possibly down to 108.50/108.00 area.

USDJPY, 1h

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )


Related articles