renoscepaniak

USDJPY rejected again on major support line

FX:USDJPY   U.S. Dollar / Japanese Yen
After being rejected for the 3rd time now in the last week, the USDJPY pair should be letting us know if we are going to see either a strong bull trend or continue the bearish tendencies. It hit the support line this morning and since then has gone up almost 300 pips in a few hours. we will more than likely see the market dip a few more times until a huge break through going up if the market does decide to become more bullish.
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