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OAKS
30 jul 2016 00:30

Time to decide fate of Japanese yen 

U.S. Dollar/Japanese YenFXCM

Beskrivning

In this chart you can see this minor downtrend going to meet the yearly trend (which has been broken up in 2014, and then push the price to peak 125), so when this minor down channel meet the yearly trendline, what will happen: technically there are two choice, and here two scenarios was given in my chart. Of course, before reach that line, we have a important horizontal resistance zone, and we are now just here, 100 is the psychological price, but it will be break in my opinion.
Enjoy it, for more info about the this pair, market sentiments and how dollar affect this pair, check my FB (facebook.com/profile.php?id=100010330033361 ) or Twitter page (twitter.com/OAKS_DE), i have some article there about my opinion with the market

Kommentera

How to make this private idea into public, anyone can help???
Mer