just my vue
i see a rising wedge it normaly a bearish sign
so if not we see a break of 91.30 but a break down
of 90.80 i will say it go down to89.90and maybe 89.10 again
and break there it go to 88.00
just my vue
i see a rising wedge it normaly a bearish sign
so if not we see a break of 91.30 but a break down
of 90.80 i will say it go down to89.90and maybe 89.10 again
and break there it go to 88.00
Ignored
if that happen then it's time to get more long position and just wait for the money come to our pocket. i was quite sure even if the USD/JPY drop into 89.xx or 88.xx level again, it would back to level 91.xx or 92.xx again. hopefully i'm not over confident with this.
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Joined Sep 2006
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Status: Trend Follower
|349 Posts
Hey everyone! I take a longer term view based on fundamentals. Surely USD/JPY is a one play that can be very profitable is cost averaged in effectively? Downside risk is minimal in comparison to the upside potential right?
unemployment claim report for USD is bad, but the USD/JPY not much moving, what keep this pair. it should be dip down. is there any other fundamental news effecting USD. still waiting USD/JPY to move down.
