USD JPY is hitting major support 105.57, looks like it may just have cracked.
Dislikedthink of 105.25 as a point of reversalIgnored
DislikedYes, I have 104.98 as the next strong level. Just going to follow with a trailing stop and see what happens.Ignored
Dislikedfor me.... maybe 104,98.... but I don't to much..... on daily chart the parabolic sar just shown the first red point.... so.... from here.... we have only to go down.... in my opinion... at least to 104,08Ignored
DislikedI'm with you. That price level is the neckline of Double Top on the daily chart. USD should go back up a bit once it touches it. But it is likely to start heading lower later unless Bernanke comes up front in NY time and verbally intervene the market as he has done before to prevent USD to fall further.
DislikedI just got out for 81 pips. Might go lower, but it seems like a good place for a bounce if its going to do it.Ignored