JPY Symmetrical Triangle

U.S. Dollar/Japanese YenFXCM

Description

⋅ Sep 19, 2013 6:52 AM

The symmetrical triangle is a neutral pattern, we have to wait for a break.
In case of an upward break: 1st resistance at 101.53, 2nd resistance at 103.74
A downward break: 1st support 95.81, 2nd support 93.79

Comments

pradafx

⋅ Sep 20, 2013 6:49 AM

Nice chart mate. I think UJ bullish at the moment

badshahfx

⋅ Sep 19, 2013 9:14 PM

tradingview.com/v/wHFN0UwC/

My view! earlier

Gino

⋅ Sep 19, 2013 2:11 PM

What do you think, up, I think so?

Nadim_FXCM_MENA

⋅ Sep 20, 2013 4:45 AM

i would say its most probably up, but after the no taper decision we have to see where the DXY will go. if it trends down so will the USDJPY