USD/JPY Bullish Breakout or Bearish Continuation?
USD/JPY continues being range bound, even with a strong
USD and the Yen fundamentally weak after BoJ proceeds
with quantitative easing. Naturally, since the DXY is taking
a breather and fighting resistance at 95.15/20, this pair
will remain range bound, though new highs are of the
essence if USD/JPY is to...
last key 1.0820 , perfect AB/CD pattern will be complete on arround 1.0790- 1.0800
If price close above this level, next is 1.09 .. Other hand we have new bearish wolf wave pattern on daily chart.. if its works we can see a pullback to 1.06 level..