The price is now decorrelated from the weekly cycle (not shown here) so, back to usual pure technical analysis:
Usd/Jpy's just broken the last top so I'm looking to buy the dip.
Next levels: 105 - 105,50 (cyclical moving average + channel) and 103.50 (two supports)
How to identify support and resistance using the trading cycles - HERE.
Like the idea if you agree,
Michele
Tradingcycles.net
Usd/Jpy's just broken the last top so I'm looking to buy the dip.
Next levels: 105 - 105,50 (cyclical moving average + channel) and 103.50 (two supports)
How to identify support and resistance using the trading cycles - HERE.
Like the idea if you agree,
Michele
Tradingcycles.net
