nikitafx
Short

USD/JPY 104.90 resistance line (Nikita FX)

FX:USDJPY   U.S. Dollar/Japanese Yen
348 0 0
USD/JPY             is setting for the long term descending resistance line monthly at
104.90
It won't be able to breakout through the resistance line because it is the only
2nd or 3rd time trial.
Therefore USD/JPY             is very risky at 104.90--105.00 area due to the downward pressure.

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