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KeVin48
Apr 15, 2018 8:00 AM

USDJPY: target at 109.00 Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY is a bear market on one year view. However, USDJPY has used 104.7 as a support on 23.03.
On daily basis, MACD is bullish and BB opens.
On 1hour UT, we see a bullish market, a clear trend line and once the resistance broken, a target at 109.00 could be achieved.
Elliot waves also show this impulse
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