USDJPY - Happy New Year #2015-Watchlist-1
Interesting article on Reuters about the 8 year cycle in USDJPY, prompting me to take a look at the long term charts.
123.10 offers a strong resistance with confluence of trend line + past resistance level. Also the sharp break out from the multi year falling price channel tells us a possible test to the break out level is very likely.
Set an alert near 123 - 123.5 levels and monitor for weekly (or monthly) candlestick patterns for now.
Patience, pays!!
Happy New Year!!
Reuters Story: reut.rs/1x09IEe
123.10 offers a strong resistance with confluence of trend line + past resistance level. Also the sharp break out from the multi year falling price channel tells us a possible test to the break out level is very likely.
Set an alert near 123 - 123.5 levels and monitor for weekly (or monthly) candlestick patterns for now.
Patience, pays!!
Happy New Year!!
Reuters Story: reut.rs/1x09IEe
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.