There are two problems I want to show on the chart:
- USDJPY broke and moved below SMA200 ; I consider this is a REAL BREAK.
- USDJPY offcially moved below Kumo cloud marking a new trend uprises.
I think the rally of U/J lost momentum and begin a new downtrend.
I believe U/J would fall to key support at 118.60
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Sforex Solution: Do the right thing – Think the right way
- USDJPY broke and moved below SMA200 ; I consider this is a REAL BREAK.
- USDJPY offcially moved below Kumo cloud marking a new trend uprises.
I think the rally of U/J lost momentum and begin a new downtrend.
I believe U/J would fall to key support at 118.60
F.B page: www.facebook.com/trackingforexsignals (tinyurl.com/jxayluk)
Web page: www.trackingforexsignals.com
Twitter: twitter.com/SforexSolution
Contact: admin@trackingforexsignals.com
Sforex Solution: Do the right thing – Think the right way