JesusDiaz
Short

USDJPY may disregard current dollar strength

FX:USDJPY   U.S. Dollar / Japanese Yen
201 4 2
Maybe the USD isn't that strong. I don't know. But For August I see a nice pull back in USDJPY             price. I definitely see 101.000 in the future let's see if we can get down to 100.000
The trade had a promising beginning but strength quickly came in and did not give me a chance to move to Breakeven. looking at the weekly chart, USDJPY has not shown this much strength in any direction since April. It will be interesting to see how USDJPy fairs the next coming days
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looking at the graphs more (monthly / weekly) we are in a sideways trend (100.70_103.70) that lasts for 5 months in addition we have also moving average of 21 periods that continues to cross the candles seems a bit premature to take a decision qualke to go long or short, perhaps only the breaking of laterality could decide how to enter a market
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JesusDiaz serpico.salvatore
The sidewaysness is not pretty! Hope something harmonic comes of this.
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:-(
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