GetBusy88

LOWER END OF CURRENT DOWNWARD CHANNEL

FX:USDJPY   U.S. Dollar/Japanese Yen
170 0 0
IF YOUR JUST GETTING SHORT NOW, WATCH OUT!
POSS BOUNCE, BUT UNLIKELY.
BREAK OF CHANNEL TO THE DOWNSIDE ACCELERATES THE MOVE LOWER.

REASON BEHIND THE CURRENT JPY STRENGTH IS THAT JAPAN PLANS TO CUT THE PRIMARY DEFICIT, TO STOP POTENTIALLY FATAL SPIKE IN JGB YIELDS.
STUDY: http://the-japan-news.com/news/article/0000432692

LOOKING FORWARD, BOJ DISAPPOINTMENT TOMO COULD SEND IT LOWER.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out