Invezted

Usd/Jpy Market Outlook

FX:USDJPY   U.S. Dollar/Japanese Yen
72 0 3
Context:

the current rallie loses a little steam due to some minor pauses , nevertheless we havent seen any signs
of a reversal as of yet , the actual rallie is still intact , we a trade at a former minor resistance @121.00
if this level holds support we will conrinoue higher to test @121.400 respectively @121.900 , should we break
that level to the downside and we takeout the next demandline we might see a retest of the broken resistance @120.400

signs of strenght:
broken resistance
strong rallie

signs of weakness:
broken demandline