Forextuitions

Weekly USDJPY Forecast

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
The pair ended a cycle in wave (1) at 109.76 on 12/2/19 where the 4 hour is turning down. From there the pair can see the 107.50 area before a bounce corrects the cycle from the 12/2/19 highs. While below there it can see another swing lower to correct the cycle up from the 8/26/19 lows at 104.42 where the daily is turning up

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