usdjpy for OANDA:USDJPY by KingofYen

#USD/JPY Daily view - December 5 2018
That pair remains firmly wthin its accending Channel and 112.60 is a strong support. Range bound overall so fade the edges 112.60 113. 70

#USD/JPY Daily view - December 4 2018
Neutral and range bound! Bears gain power below 113.30 Bulls in Control above 113.80. No net change range bound. Longer term if Break 114.50 Bulls get paid 118 handle and the Bears Want 108. Ascending Channel intact.

Trade active:

#USDJPY NFP Day expect swings all day until release 112 90 113 30 important for bears to defend if not 114.00 Handle and BEYOND

Comment:

#USDJPY Bulls in Control @ NFP High 112.85 test of monthly Cadle 113.70 on the sights of Bulls intraday key Support 113.00 112.80.

Comment:

T1 hit just now 113 70

Comment:

#USDJPY All Bull Targets hit last week & we continue to fade the range: 113.70 to 112.30. We expect a break of the low today. and possible test 111.80 if Bulls fail to defend 112 Handle.

Comment:

#NZDCAD Hits T1 0.9260 as predicted, Bulls will look to break resistance for a chance to T2 0.9500 handle. If T1 breaks out on NZDCAD then USDJPY will complement & brake support 112.30

Trade active:

#USDJPY And as predicted Bears attempted to break 112 Handle and remain today with a shot to 111.80 in sight. Bulls want a break of 112.60. Trading range pre-London remains 112.60 112.00

Trade closed: target reached:

USDJPY And as predicted Bears attempted to break 112 Handle and remain today with a shot to 111.80

Trade active:

and its already 109 longer term 106 75

Trade closed: target reached

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