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GrowingForex
Apr 8, 2017 10:36 PM

A Bearish Flag pattern (ZR) 9/4/17 Short

U.S. Dollar/Japanese YenFXCM

Description

Dear Trader,
This is weekly forecast for usdjpy from 10/04/17--14/04/17.
As we can see from the date of 15th March Rate hike by .25bps seller has taken control over UJ pair and also another reason for Yen demand may be Risk of French election.
There is a expectation of price rising to the resistence line of 111.65 after opening of forex market on monday, then downfall will start. For more reference of USD Pairs follow my dxy idea,link attached.

Take Profit: 109.03, 108.01, 107.04 .

Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.

Good Luck...!!
Regards,
Growing forex Team

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first target reached

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Opportunity to go long

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