AlphaFib

UJ Week 3 2019 Game Plan

FX:USDJPY   U.S. Dollar / Japanese Yen
Update on UJ. Price has returned to our weekly support of 108. Last week we began at this same level and broke it twice throughout the week. The 109 region (blue) remains our focus this week as a 100 pip potential long becomes possible (given as a signal to all VIP members). Until then, there will be various opportunities that will present itself which we will keep everyone posted here and especially for the VIP . This being said in regards to UJ, today (1/14) is a national holiday in Japan. We expect illiquidity which will result in channel movement between well defined support and resistance (108-108.56). We will not be trading UJ until tomorrow the 15th.
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