idle_crane
Short

USDJPY retest 200 Week Moving Average

FX:USDJPY   U.S. Dollar/Japanese Yen
45 0 1
So the Yen is stronger per previous analysis. I think this a very large head and shoulder pattern, and it wants to complete itself. The price action is bouncing off, and then retesting the 200 week moving average , a break below this level on the daily can see price moving towards 103.00 or so in the coming weeks. That's the pivot support zone.

Fundamental analysis is not really possible at this point.
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