Nicemate
Long

USDJPY MONTHLY OVERVIEW

FX:USDJPY   U.S. Dollar / Japanese Yen
56 0 4
The trend is bullish on the FX:USDJPY             , with a possible AB=CD in formation.
The major 2015 pullback seems to have arrested on the long term 0.5 FIB.
Always a great pair to observe.
Comment:
snapshot


In the weekly timeframe, the trend is now bullish and the pair seems to be heading up out of the major key level. Interesting movement, this one.
Comment:
snapshot


On the daily timeframe, the trend is still bearish, but we potentially are in a moment of reversal, with
a great looking bullish H&S on the horizon. Let's observe the pair closely, for the moment.
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