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adatherton

USDJPY and CAC40 - leading fractal

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
adatherton Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns USDJPY usdjpyshort CAC 40 CFD usdjpyanalysis uj ujforecast
3
0
trendanalysis chartpattern usdjpy usdjpyshort cac40 usdjpyanalysis uj ujforecast
The French CAC40 index appears to be leading USDJPY by 9 weeks. There is no reason why it should (other than the big macro picture, USDJPY falls on in risk-off sentiment and so do equities). Let's see!
Comment:
See also my other USDJPY idea which is also bearish.
USDJPY Similar pattern to a year ago
Trade active:
Trade still working well.
Trade closed: target reached:
Reached even before the Jan 3 spike!
David Atherton

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