nikitafx
Short

USD/JPY broadening descending channel with Double Top(Nikita FX)

FX:USDJPY   U.S. Dollar / Japanese Yen
373 0 0
USD/JPY             is still within the broadening descending channel after forming Double Top
(121.84 & 122.02).
And its wave direction is heading for the triangle crossing point at 116.66 ( Apr             .01).
Since 118.33 it will be capped with the medium resistance line.

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