USDJPY long-term forecast

12 Ara 2020

here we can see the monthly chart and the pair is on the retracement where it is ranging near the 50% of fib
which is 101.7 and it is in the final phase of a falling triangle (wedge) which is very strong sign of a huge move
I am predicting the price may break the 101.7 and get close to 95.5 which is in the golden area of fib and near 61.8% level and then a long rally up to the 127% of the fib
patience is the key to this trade as it may take years but it is a sure trade

16 Mar 2021

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