justdame

USDJPY analysis

justdame Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
we can expect some sort of pullback from this bullish push.
we did have a weekly candle closure outside of the consolidation zone giving some insight that HH may be in store. As well a nice crossover & breakout.
Pullback is anticipated for some profit taking to occur so people may see this as a quick sell opportunity. Maybe all the back back down to trend line
anywhere from the 120.00 or 111.50 psychological level as they line up nicely with the 23.6 & 38.2 fib levels as well.

overall people may have their eyes on a sell to start off the week.
but another bullish push may be in store for us.

cheers.
Comment:
Comment:
112.00* & 111.50
sorry for the type.

We can see its making another push to that major resistance but expect it to touch and then dip as stated before
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