USDJPY Coiled like a spring & BIG directional BREAK is looming

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 1, 2017 1:21 PM

Big picture, the pair has been coiling in a triangle since the 2015 top. The triangle is running out of space and this signals a breakout is on the horizon. The FOMC this evening may provide the needed spark. Keep a close eye!

Comments

TradZ

⋅ Nov 1, 2017 1:26 PM

Exactly ;D