FX:USDJPY   U.S. Dollar / Japanese Yen
86 3 6
Targets 105.5. Then down to 100.
Thanks, do you still confirm 100 as target or do you have any other?
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Why today call is different from your call 8 days ago? And more importantly, why are you expecting it will go back to 100?
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@lu1977hk, I was too early on this call. I'm a swing trader I look for moves that are 2-10 business days so my views change quickly based on correlated markets. I am expecting the USDJPY to fall now because I'm expecting the value of the 10 Year T-Note to increase, which is negatively correlated with the USDJPY. Also, we're rejecting a trendline and just completed at gartley pattern at around 109.750.
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