itaskar
Long

Descending broadening wedge

FX:USDJPY   U.S. Dollar/Japanese Yen
475 2 0
1st target is 1st valley in descending broadening wedge
2nd target is longterm bearish trendline

I expect retest of the broadening wedge upper trendline , at 102.63 what is 0.618 retrace from 101.71 to 104.11

Iam not in this trade but is valuable for me because it is mirrored J61!             , so it shows global JPY weakening.