YProsper
Long

USDJPY 122 key price level

FX:USDJPY   U.S. Dollar/Japanese Yen
77 0 5
My market maps of dollar yen haven't let me down as of yet so it'll be interesting to see how this plays out.
A lot depends on the rate rise.

Here are a few of the technical confluences I see:


  • Currently trading above Weekly Inner TL
    Confirmed a void of downside projection
    Heavy reaction from 120.5 level
    AB=CD in play
    Im waiting for a close above 122 : Mid of November
    MA's are aligned with 122 level
    A conservative approach would be a break and pull back of 122

Just look for confluences and TradeEm'

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YProsper
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YProsper about USDJPY a year ago
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