The USDJPY finally on the way down, a 23.6% correction will reach 111.6, 38.2 will be 109.61 and 50% will be 108.10
pay attention to the 108.10 it's also a option barrier in March 2017. so the chance of going beyond that is not that high. Fed will action in Dec and next move will at least in March. so in the coming month, a chance for fresh rally of USD is minimal.
pay attention to the 108.10 it's also a option barrier in March 2017. so the chance of going beyond that is not that high. Fed will action in Dec and next move will at least in March. so in the coming month, a chance for fresh rally of USD is minimal.
Comment:
USDJPY Trying to break below 200 MA now.
