Sforex

USDJPY NEXT WEEK: WAITING TANKAN SURVEY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
5
All Technical Analysis I show on the chart.

Next week, regarding USDJPY, besides US data, I consider Tankan Survey on Monday. Tankan Survey is the main survey having large impact on Janpanese Yen.

If Tankan Survey is positive, + positive US data : I reccommend traders should LONG USDJPY to 103.75 key resistance level.

If Tankan Survey is negative, traders should wait until USDJPY break key resistance trend line I show on the chart, and then LONG USDJPY to 103.75

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