moorekapital

USDJPY MONTHLY GRAPH

moorekapital Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
14
1. Broke a multi-year long Desc. trio. southward but failed to meet the minimum target.
2.UJ run into the erstwhile 2015-2016 Head and Shoulder Top.
3.Broke the top of the Desc. trio, and found support on the base.
4.Late 2016 rally, so fierce, and I wont be surprised by a follow through.
5.A poss bull flag here= momentum gathering to destroy the 120-125 zone.


15 Weeks Symmetrical Triangle at Key Zone
Comment:
130/131 most likely in the near future ;)
Comment:
5.A poss bull flag here= momentum gathering to destroy the 120-125 zone.

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