ztokar

USDJPY Daily Range Developing

ztokar Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
5
Range developing between 106- 111, opportunities for both sides to play the range
Comment:
Based on what I see in the daily charts, we are in the beginning of a change of trend in the yen, there have been false breaks followed by counter-trend impulsive, volatile corrective structure developing, it might take a few more weeks/months but I am expecting the end of the yen monster. Ditto for dollar
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