OAKS

UJ long term running imagination

FX:USDJPY   U.S. Dollar / Japanese Yen
6
UJ looks like start a retracement now, for a short term, this retracement maybe rejected by the bearish channel in this figure (103.6-104 zone), then turn back to complete the BC1.27% leg at 99.8 around. then CD leg may start then to 118.8.....it might to early to figure this bat, Just a long term predict......and now we should focus on if price will retrace to the upper band of the down channel now, then how it perform there...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.