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Kav1ka
Jun 29, 2018 11:40 PM

Is USDJPY Heading To 95 Longterm?  Short

USD/JPYOANDA

Description

Here we look at USDJPY on the weekly chart and notice how we have broken below the trend line. The question now is where is USDJPY heading from here? On a lower timeframe there is still bullish momentum pushing USDJPY higher. If for some reason may get a squeeze higher it'll probably halt at 113.00 level; Otherwise, it's going deep south!

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Comments
Bo
Bold prediction, fascinating insight. Thank you!
Kav1ka
@Bo, :) Cheers!
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