USDJPY

[alaska27]

I can see two scenarios here – the basic (1) and alternative (2).

 

[Addam]

It seems to me that the asset will go for breaking the upper bound after reflecting from the bottom line.

 

[arigoldman]

Looking to buy soon...

 

[MarryLo]

I suppose that the price will turn after reaching the 118.9 level.

 

[MarryLo]

The price will soon reach the level, where it will be possible to plan the exit point from the deal. I hope the price won’t go another way; it happens sometimes.

 

[MarryLo]

There is a bearish trend developing on USD/JPY pair.

 

[MarryLo]

The price on USD/JPY moves to resistance level. When 1.114 mark will be passed, I’m gonna buy.

 

[MarryLo]

It seems to me that the asset will go for breaking the upper bound after reflecting from the bottom line.

 

[arigoldman]

Going up imo

 

[arigoldman]

Good day today!