themarketzone

Weekly AB=CD near Monthly downtrend line

FX:USDJPY   U.S. Dollar/Japanese Yen
Interesting longer term opportunity in $USDJPY             as it may complete bearish AB=CD pattern near monthly down trend line . Still has some room to rally, but 109.5 will be an interesting zone to watch.
This is one of the trade ideas I posted in this week's Weekly Markets Analysis newsletter..
Read the rest of the ideas here:
http://marketzone.tumblr.com/post/97476490945/the-weekly-markets-analysis-14-9-14
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