USDJPY

[arigoldman]

I'm long from 106, i think bears are done for now.

 

[MarryLo]

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

 

[MarryLo]

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

 

[arigoldman]

Expecting a correction.

 

[MarryLo]

I suppose that the price will turn after reaching the 103,49 level.

 

[arigoldman]

Multiyear low and getting ready to buy!

 

[MarryLo]

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

 

[Addam]

I think that the usdjpy asset would renew its minimum.

 

[arigoldman]

In accordance with Addam.

 

[MarryLo]

Well, the asset moves as I’ve predicted. I think that I can earn even more on EUR/USD! Definitely, the show must go on =)