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UnknownUnicorn5158708

USDJPY: Expect Reversal and Downside @ 107.05

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn5158708 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Fibonacci Elliott Wave Wave Analysis elliotwaveanalysis elliotwaveprojection usdjpyanalysis usdjpyforecast usdjpysetup usdjpysell usdjpyshort
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Hi Traders,

Expect USDJPY to continue the current bull trend until it reaches a key level at 107.05. At this point we'll have a regular flat and can begin looking for short entries.

Trade with risk management in mind and don't over expose your accounts.


Regards
Wave Theorist
Comment:
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