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Mihai_Iacob

UsdJpy- Drop to channel's base?

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USA-dollar/Japansk yen (OANDA:USDJPY)  
Mihai_Iacob  
OANDA:USDJPY   USA-dollar/Japansk yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort usdjpyanalysis usdjpysell usdjpyforecast usdjpyidea usdjpysignal usdjpysetup usdjpyshortsetup
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trendanalysis chartpattern indicator usdjpy usdjpyshort usdjpyanalysis usdjpysell usdjpyforecast usdjpyidea usdjpysignal usdjpysetup usdjpyshortsetup
Yesterday UsdJpy has reversed from the channel's resistance
With the stock market ready to fall again I expect the pair to drop to channel's base in the next weeks.
The bearish scenario is valid as long as UsdJpy is trading under 112 zone
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