nikitafx

USD/JPY short term wedge break (Nikita FX)

FX:USDJPY   U.S. Dollar/Japanese Yen
625 0 1
USD/JPY             is now consolidating downward due to a short term wedge
breakout.
It will plunge into the Pink line ( wedge support line), however it might be able
to recover up to its wedge upper line. Then USD/JPY             will have an important
breakout(down) zone later (104.15 around).
After that it will trace into the Blue uptrend line (105.60) , or Black downtrend
line (99.30/60).

Nikita FX (http://climbingfx.jugem.jp/ )
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