Decodingthemarket

#USDJPY Seems Like Price is Exhausted

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
having a nice rally from strong support levels reaching resistance from August 11
expectation are to test yellow box as support to continue the uptrend and reach target
but also, waiting to se how price will react by the time reach yellow box to re-evaluate if price will continue the uptrend or downtrend stay tune with this idea
if you followed my USDJPY Ideas before you should be familiar with all the note i posted for you

NOTE: Price Line Extension (White) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market
NFA
PLEASE, DYOR/MYOD!!

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