nikitafx

USD/JPY possible Double Top target 105.60 (Nikita FX)

FX:USDJPY   U.S. Dollar/Japanese Yen
905 0 1
USD/JPY             is now recovering above the Wolfe Line ( 76.25---84.17 connecting line ) and
Is keeping above a supportive line since 100.60.
Which means its target will be the same vertical width (460 pips) above the crossing point
between the supportive line & triangle descending line (101.00 around).
Therefore the target will be at 105.60.

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