The USDJPY broke above triangle resistance last Wednesday, only to reverse all of the day's gains Thursday, closing lower than the prior day's low. Friday, the USDJPY exhibited a very tight range, but gapped lower to start today (Monday) in the Asian session. With daily RSI , Stochastics and MACD all sloping down, odds are favouring the USDJPY breaking beneath triangle support in the next few days.
For my multiple timeframe analysis on USDJPY , feel free to visit: https://tradablepatterns.com/tag/usdjpy/
Website: http://tradablepatterns.com
FB: http://facebook.com/tradablepatterns
Stocktwits: http://stocktwits.com/TradablePatterns
Twitter: https://twitter.com/chu_darren
Linkedin: https://www.linkedin.com/in/darrenchu
YouTube: https://www.youtube.com/channel/UCCI1YG-qzDMWg6hzYd8D8kw
Google+: https://google.com/+Tradablepatternscom
Email: info@tradablepatterns.com
For my multiple timeframe analysis on USDJPY , feel free to visit: https://tradablepatterns.com/tag/usdjpy/
Website: http://tradablepatterns.com
FB: http://facebook.com/tradablepatterns
Stocktwits: http://stocktwits.com/TradablePatterns
Twitter: https://twitter.com/chu_darren
Linkedin: https://www.linkedin.com/in/darrenchu
YouTube: https://www.youtube.com/channel/UCCI1YG-qzDMWg6hzYd8D8kw
Google+: https://google.com/+Tradablepatternscom
Email: info@tradablepatterns.com