Hello traders,
USDJPY did break purple resistance and hit 104.2-104.8 once, same as what we said in our last idea.
Now it become a possible resistance zone still inside the downtrend channel. The trend might not finish yet.
USDJPY might pull back to 105, preparing for next impulse leg down to new low in 2020.
Good luck!!!
LESS IS MORE!
USDJPY did break purple resistance and hit 104.2-104.8 once, same as what we said in our last idea.
Now it become a possible resistance zone still inside the downtrend channel. The trend might not finish yet.
USDJPY might pull back to 105, preparing for next impulse leg down to new low in 2020.
Good luck!!!
LESS IS MORE!
Trade closed: target reached:
the purple zone hit once.
Comment:
But it doesnt mean you can short UJ now.