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FxInfaz

Sell opportunity

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
FxInfaz  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
3
2
trendanalysis chartpattern waveanalysis
USDJPY is trading in a descending channel since Mid-December 2016
I’m Expecting the price to move to the bottom of the channel up to the Low created in June 2016
A smaller descending channel (Supported by Dynamic resistance of 50 Day MA) also seen hence price may continue to move down within the smaller channel
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