Averaging it down from 88.68 and my next buy is at 85.65...........
USD/JPY Discussion 12 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedHey to all!
If you can open MN TF you can see Z-model down (harmonious wave method), after up "X". So, Z-model is not end yet - the last wave supposed to be like the first (1st at 123.12 to 99.67)not the same, but close - like about 75-80 level. We have a support from 1995 - I guess that will stop down trend.
The price chanel shows the same support - about 78.
IN10TION indicator shows that JPY is on a strong position in 6 month.Ignored
DislikedPrice broke the 88 level with ease last week. I don't expect any change in this downtrend until 88 or my channel resistance is broken for a while. I have an 84.05 target.Ignored
DislikedAny thoughts as to what direction I should be looking at. I am feeling like we should be going towards the the mid 80's like Kas1 said but this unexpected news is was a surprise. thwarted againIgnored