Please check previous success with USDJPY to understand my accuracy with this pair.
Next leg of dollar rally is likely to be driven by a higher usdjpy . Only a move below 104 would indicate that the current phase has ended.
The break increases the likelihood of continuing toward 107.25 - 108.00. This next level includes four separate ;
ii) from Sep. 27th
iii ) a from Aug. 16th and,
iv) an quality target from the June low.
Fade anything above 108 as this will be an important turning point for counter trend traders.
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