USDJPY 30m . . . if we're going to get another run for the top and beyond then this is where the action will happen somewhere in the red section between the 38% and 50% FIBS and the 100SMA on the 30s. 10 and 20 EMA (black and red) not yet giving any signs other than down atm and PRICE may linger in this red box until either the BULLS or BEARS win. Going further down as I write but holding . . . I'm on the sidelines with this pair at the moment as I still have a legitimate lower target of 114.75 area and the weekly 100SMA as per my related link below.
Comment:
LOL . . . I knew putting the arrows on could be the kiss of death to its chances of continuing immediately !! . . . 5 Day AvDaRa takes it to 116 on the downside but Mondays are always difficult to predict as traders hit their desks around the world for the start of the working week.
