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Mosu

USDJPY_Elliott waves and fractals applied on the weekly chart

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Mosu  
FX:USDJPY   U.S. Dollar / Japanese Yen
cultrading
5
1
cultrading
101.50 has proven a strong support back in December 1999, December 2004 and for other 6 months in 2014.
The price action around the 200 months moving average and 200 weeks moving average shall bring even more clarity.
Considering a long position against the low of 98.70
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