DeanT

Is The Dollar / Yen looking to retest the previous price?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
0
DOLLAR / YEN LOOKS AS IF IT MAY RETURN TO RETEST THE 125.854 PRICE GIVEN CURRENT, MARKET CONDITIONS.
THIS IS A VERY REAL POSSIBILITY, LETS SEE HOW THIS PLAYS OUT, *THE ACE UP THE SLEEVE MOVE IS A LATE BULLISH SURGE THAT CLEARS OUT ALL THE STOP LOSSES IN THE 124.949- 125.600 ZONE AND THEN A RAPID DIVE AND A PULL BACK! LOOKING AT THE MONTHLY CHART THE RSI IS BEGINNING THE UP MOVE WHICH SHOULD CLEAR THE RESISTANCE AT THE 117.983 TO 124.949.


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