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LeaAD
Jul 28, 2016 9:02 AM

USDJPY - POSSIBLE 15M DOWNTREND CHANNEL Short

U.S. Dollar/Japanese YenFXCM

Description

As expected before, this pair is in a midterm downtrend and seems to hit the bottom of the bigger chnnel presented by me before. Looking closer, at the 15M chart, I see possibility of a downtrend channel. Seems like price will heat the upper line at the level approx. 105,0 and than I exbect move to the downside to the level of 104,1.
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