JPY/USD is in a reversal zone.
This is a great entry point as after a bullish divergence we have an inverted hammer Doji confirming the reversal. currently, JPY/USD is respecting the Ichi cloud but the momentum is building so with the next attempt JPY shall resume this uptrend.
JPYUSD ready for swing long , target and stop as mentioned in the charts.
Good opportunity for traders to take long and hold for few trading session.
All the best !!
JPYUSD M CHART
SE ESPERA UNA ULTIMA CORRECCIÓN EN LOS SIGUIENTES MESES, CUANDO LA TENDENCIA ACTUAL ROMPA LA BASE DE LA LINEA CELESTE EMPEZARA LA TENDENCIA A LA BAJA, SIGUIENDO LA DIRECCIÓN DE LA FLECHA AZUL.
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A LAST CORRECTION IS EXPECTED IN THE FOLLOWING...
Watched a video about an economist talking about Japan's problems, and how deflation may happen as a result. looks like almost 30% gains against the USD is possible over the next couple years.
There is a symmetrical triangle withing a larger triangle depending on how you draw it. Price has respected both of these levels so if it can clear the next one, with a...
Extended price weakness appears to be pushing Asian currencies below historical price channels. A breakdown from this support channel could mean a complete breakdown in currency values going forward. This may be the beginning of much lower price exploration in an attempt to fund support.
Hold onto your heads and profits folks. The crap may begin to fly soon.
![JPYUSD: [JPY/USD] break up triangle](https://s3.tradingview.com/t/trVIQfnL_mid.png "[JPY/USD] break up triangle")
