Ardy

USDJPY - Triangl on the Weekly Chart

FX:USDJPY   U.S. Dollar/Japanese Yen
181 4 0
Looking at the weekly chart, we can see that the pair is stuck in a triangle. We will be looking at a break above or below the triangle before we can initiate a trade on this pair.

Cheers!

Ardy

www.forexachievers.com
Shadowbrokerltd
3 years ago
That should be confirmed today after the NFP
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Ardy PRO
3 years ago
I agree to that. lets see how things work out today. :)
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Shadowbrokerltd
3 years ago
So what are your expectations.
In my modest opinion with the current debt ceiling issue, Tapering and US government shut down.

I believe they will make better move to save the Dollar from further falling and the NFP will be above 180K
Reply
Ardy PRO
3 years ago
Now that the NFP is below expectations, we have to rethink the whole situation again. I think US dollars will be sold today.
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