2017 Week #2 - More upside on USDJPY

Long

U.S. Dollar / Japanese Yen (FX:USDJPY)

Updated

FX:USDJPY U.S. Dollar / Japanese Yen

USDJPY

usdjpy

Price has been rallying strongly since November 2016, and entered the 0.618 - 0.786 fibonacci retracement area of the previous down move. As long as price remains below 125.75, we expect one more move down towards 91.35.

Comment:

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Comment:

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