Entry on the 117.70
$USDJPY Stay Beyond the 185.50 level while heading into Jan. FOMC
Oil is on 32.00 This morning
Price makes another run up toward 119.00 level in London section.
On the other hand we have Oil remain above $30 mark, $33
Where are we heading towards???
$USDJPY retreat to the 120.00 level or the 50% level (from last week's rally).
If wave 5 be able to finish on the 120.00 level, I'd like to wait for a good rebound off this level.
On the other hand, NFP is due in 48 hours.