UJ downtrend targets

Short

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

Updated

OANDA:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis

trendanalysis

USDJPY might be starting a month long bear trend, DXY down Yen up.

Comment:

snapshot

Comment:

DXY defies all logic, let's assume it continues upward, that means the effect of a bullish yen will be lessened, so UJ will not drop easily below 107.

Comment:

Nothing drops forever, UJ will be range-bound for a while and even go up some before next dump.

snapshot

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