eee_traders
Short

USDJPY Trading Forecast for June 1, 2016

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY             , as shown below, managed to break below red bullish channel . This may suggest that price is starting to correct down towards 109.40-109.20 after which it will move up once again before finishing its corrective move downward.
Why do you think its going to go up? Look at the Daily chart
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eee_traders DylanShilts
It's going to go up temporarily... I quoted saying "it will move up once again before finishing its corrective move downward. " Hence, overall and long term trend is still down. My opinion on the post above is short term movements (hours to days).
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moreee moreeee down
+1 Reply
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