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DavidBelleFX
Mar 8, 2016 3:01 PM

USDJPY potential to move to 102 Short

U.S. Dollar/Japanese YenFXCM

Description

Looking at the new point of control, USDJPY looks as though 102 could be in sight. We came off of the point of control up at 120, and the next high volume area is 102/103. It will be interesting over the next few weeks.

Not to be taken as investment advice.

Trading leveraged products carries a high degree of risk.
Comments
UnknownUnicorn468659
This proved to be just the perfect technical analysis using the volume profile indicator, thanks again David.
DavidBelleFX
Hey Steven, thanks! Worked out well. Check the other more recent weekly idea too.
UnknownUnicorn468659
Yeah I did David, I am a fan!
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