FUNTRADER-Vera
Short

1710 WKP1 USDJPY keep running down to 102???

FX:USDJPY   U.S. Dollar / Japanese Yen
It is hard for USDJPY to break the middle band.
Perhaps it will make it in one shot.

But for now we prefer to go down to test FIBO 1.27 again. It is still running beneath the middle band . It is also running beneath the middle line of the channel. That are all bearish reasons.

So if UJ was targeting 102 still, that is 330 pips to drop in few weeks.
Might happen with the process of presidential election of United State.

Good luck my friend.
LESS IS MORE!
Trade closed: target reached: All targets hit with 90 pips after few days holding.
Comment:
Comment: Great one!
Hopefully you got this too.
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Comments

thanks for sharing! this is what I see on USDJPY:
+1 Reply
@Saeed966, Nice, a downtrend wedge for buyers.
Possible.
Reply
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