Yappy

USDJPY (WEEKLY) - DOWNTREND STILL INTACT (4)

FX:USDJPY   Dólar Americano/Iene Japonês
Unfortunately price has broken through the Warning Line. It is not clear if price has enough energy to make it to the (Blue) Upper Median Line. (On 4 Hrs TF, price seems to be running out of steam and blocked by 2 (White and Pink) Warning Line)

Referencing the EURUSD chart (which I think has a bullish bias), I'm still putting my money on USDJPY to be falling. I will be looking for a strong confirmation before making any moves.
Aviso legal

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