Shun-Jiru

Hopefully it won't break out until May

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
2
I thought it was going to break out a couple weeks ago when it jumped to the new pair 119 - 122, but it looks like the Nikkei index is doing good so hopefully it's going to stay quiet for awhile.

MACD / Exp moving Avg 9 says we're on a down trend so I'm keeping my fingers crossed and hoping to see it go back down to 117

Other than that I don't think we're going to see much action in April. I'm still going to stick with my original prediction of bullish break out in May to 124~126 by June/July

Again this goes back to the same patterns we see in 2012 and 2013

-Cheers
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.