QuileHills

USDJPY GOING OUT ON A LIMB

QuileHills Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
13
Brexit possibility and US economic correction may bring USDJPY down to Monthly 38.2% fib support via risk aversion, rejection of which may indicate a bullish wave possibly coinciding with market correction completion and Brexit fears/repurcussions settling and fading.

USDJPY to 130+ in 2017/18?

This is a big "shot in the dark", I will not be trading on it and I wouldn't suggest anyone does. Just recording the thought here to see how it plays out in an honest manner.
Comment:
Interestingly, it appears at the moment that it has bounch just where I thought it might.

Will be even more interesting if it gets up to my 130+ projection.

Time will tell.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.