nikitafx
Short

USD/JPY will breach 115.56 due to Capping zones (Nikita FX)

FX:USDJPY   U.S. Dollar / Japanese Yen
614 0 0
USD/JPY             made its wedge breakdown although my Yesterday's expect.
I should admit it was a bearish breakdown with a possible trend turn.

If Capping zone: (116.97--118.02)---target will be below 115.61
If Capping zone: (116.97--117.42)---target will be below 115.03

Ideally total target since 120.81 will be 115.46 (119.95-(120.81-118.04) x Fib.161.8%=115.46)
or below more.

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