USDJPY will soon face resistance. The problem zone is between 14821 and 148.8. I'm expecting a bearish reaction here on Monday or Tuesday. But if (contrary to expectations) the mark @148.8 is sustainably overcome, then it goes to 150.50-151. If the price bounces back at the resistance zone, all indices would rise. First target: 145,843 Confirmation for longer falling prices would be close below @144.70 on a weekly basis.
Comment
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Here IDC indication: For this month I still see 152.10-152.65. But once there is a daily close above 152.66 then the next target is @ 158.85. In order to reach this target, USDJPY may need November and December as well.
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FlyingDutchman100
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The 100% projection of 130.38 to 140.33 may drive this from 145.89 to 150.280. Expect correction from there.
NeverNO
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@FlyingDutchman100, It would be better if you post a chart so I can see what you mean straight away. Do you know how to post a chart?
FlyingDutchman100
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@NeverNO, I am working in a yacht, internet signal comes and goes. I am at sea.
NeverNO
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@FlyingDutchman100, I understand, but you didn't answer me if you know how to post a chart. If you have signal and can write, then you can post your charts at the same time.
FlyingDutchman100
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@NeverNO, to post a chart i just click on publish?
NeverNO
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@FlyingDutchman100, No, not "Publish", but just to the left is camera... after clicking on camera, the third line says "Copy link to the chart image". Click on it, then you can post. Publish means you start your own channel, like me. You can do that too if you want.
FlyingDutchman100
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@NeverNO, thank you for the assistance. i will try to find it in my phone.