The target of 107.46 was hit during Tokyo today. With the continuation process, it is expected for the pair to keep moving to 110.47, albeit, it could be a bumpy ride from here.
We are also a few pips away from the project 80.93 for the USD/JPY. That pair was a snoozer for 6 months. I'm just glad to see it wake up, finally.
We are also a few pips away from the project 80.93 for the USD/JPY. That pair was a snoozer for 6 months. I'm just glad to see it wake up, finally.
Rajesh, watch for my WR3 at 107.46. I'm also certain that will signal at least a temporary reversal. I'm still holding long on it right now.
The USD/JPY is still headed to 80.93 before a sign of any meaningful reversal.
The USD/JPY is still headed to 80.93 before a sign of any meaningful reversal.