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Iridium

USDJPY BEFORE THE BELL

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Iridium  
FX:USDJPY   U.S. Dollar / Japanese Yen
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USDJPY IS SHOWING WEAKNESS BEFORE THE JOBS NUMBER COMES OUT TODAY. IT TRENDED SLIGHTLY LOWER THROUGHOUT LONDON TRADING FORMING A WEDGE WHICH IT BROKE OUT OF IN NEW YORK TRADING. UNDER THE
WAVE PARADIGM WE HAVE TWO POSSIBILITIES REGARDING FUTURE PRICE ACTION.

THE FIRST IS A ENDING DIAGONAL (3-3-3-3-3)
THE SECOND IS A FLAT (3-3-5)

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