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Zoukers

Target 102.50~100.50

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Zoukers Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
2
0
trendanalysis chartpattern waveanalysis
A=C @ 102.50

W=Y ` 100.51

USDJPY is going down towards the target range, most likely reaching 100.50 before very big bounce/start of new uptrend.

See the rally towards 107.50
Comment:
could not reach the short term target and turned lower.

Downside target from Dec 2016 high is around 100.50 (W=Y) where buyers will have chance to take controls of this pair.

If 2016 low is breached, it can extend towards 91.60.
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