1511 USDJPY the blue zone is working as daily resistance
USDJPY has made a five-wave up to last top ( blue zone)
On daily chart, its telling a bear signal story.
It could be a corrective wave to make price drop down to the red support zone or to reach the red channel again.
117 now is a target for later.
Less is more!
On daily chart, its telling a bear signal story.
It could be a corrective wave to make price drop down to the red support zone or to reach the red channel again.
117 now is a target for later.
Less is more!
Comment:
Trade closed: target reached:
TP1 hit with 100 pips.
