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Sep 7, 2018 2:07 AM

USDJPY top for rest of 2018 

U.S. DOLLAR / JAPANESE YENICE

Description

Chances are with the current price action, we are seeing a top in USDJPY for the rest of 2018.

3 elements in this chart:
1. Blue downward channel, top of channel as current resistance
2. Red trend line previously broken, now indicating pullback
3. Year-year boxes indicating a top in 2015 followed by lower highs in 2016, 2017 and then maybe 2018?
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