FX:USDJPY U.S. Dollar/Japanese Yen
Comment: I would wait for the breakout of level 106.25
Comment: This might do it. Stay alert.
Trade closed: stop reached
This is great find. However we hold contrarian views on gold I believe we are quite aligned on this one. 105.5 remains wall of steel although 0.618 fib retracement failed to pierce the resistance for bounce towards the top channel i.e, ~110.50. This might do double bottom at nearest support and bounce to channel highs. Not to pollute the comment space but nevertheless I pin my opinion chart here. Enjoy the Sunday. Wish you a million dollar.