LADEEc57
Long

$USDJPY - Waitin for the Break

FX_IDC:USDJPY   U.S. Dollar/Japanese Yen
69 0 3
Weekly tweezers dropping below the 50 EMA for the second time this year with a possible retracement towards the 109.89 level, testing the lower slope line of the symmetrical triangle. Could this be the week where price action could break down, or is a reversal in the works after the test ? Looking for USD resiliency next week, so I think a reversal may be in the works, right after it recoils off the 109.89 level and bouncing back towards 111.13, & pushing above the the 50 EMA area. Readying to take this puppy Long.
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