raovida

Medium Term View For This Pair

OANDA:USDJPY   U.S. Dollar / Japanese Yen
This chart may seem a bit messy but I assure you every line drawn on it is essential to forecasting. My presumption for this pairs direction in the medium term is based off of wave counting, sentiment analysis and Volume Profile/Fibbonacci/Gann angle support/resistance areas. In addition to a possible cup and handle pattern being formed if this plays out as I predict.

Target 1: 107.56

Target 2: 110.5
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