TradingView
Caipora
Jul 9, 2016 7:17 AM

USDJPY 09JUL16 

U.S. DOLLAR / JAPANESE YENICE

Description

That spike made last Friday show me a pretension to finish @ 99.594. If that is the case then I assume that is the probable close of the wave Up forming since 24JUN16. If confirms, we can have a 4th wave to go up to 111.204 and a 5th wave ending @ 97.081.
These points could be passed a little as long as the impulse will be there, usually on a 4H or Daily UTC server, not here at Tradingview unfortunately.
As always I am only predicting where things happens, not when, because that really depends on others factors as the agreement of all major sessions - London, Singapore and NY- and also on News - the motion tool.
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