USDJPY Making Plans To Leave Descending Channel

31 Mar 2016

USDJPY has formed and been trading within this descending channel over the last couple of weeks. After a failed retest of the 114.00 levels, it looks as if USDJPY is on it's way down. Prepare for a retest of the lows at 110.667, as well as a potential bearish break out. Market expected to head toward 110.00, 105.00, and eventually 101.00

6 Nis 2016

Not

The weekly channel has been broken.

6 Nis 2016

İşlem aktif

Target 1 hit at 110.00

8 Nis 2016

Not

Looks as this is still continuing on it's way down