OANDA:EURJPY   Euro / Japanese Yen
Comment on 'ridethepig' recent post.

This story begins o4 Feb '18 price collapse. This originals Red parabolic channel . That is where Yen is. Noticed dashed red, The Jag now below, this trend.

Solid Green Rooted 17 Jul '19, 10 and 15 Aug '19 passes thought 02 Jan '19 local low. The lower bound of Red parabolic channel also passes through 02 Jan '19 as well as 19 May '18.

The mentioned curves are all Well Rooted Parabolas.

The local channel Blue Parabolic channel also suggest that the Yen can and will go lower .

Maybe Yen Jag follows the Red Horn or maybe lower along the Blue horn.

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