WHAT WE CAN SEE IN USDJPY IS A SIGN OF STRONG RECOVERY.
THE GREEN RECTANGLE BREAKOUT ON 08/SEP/2015 WITH THAT BIG 4HR CANDLE IS AN INDICATION.
NOW TODAY WE HAVE SEEN FIRST RETEST OF THIS BREAKOUT ZONE, WE EXPECT ANOTHER RETEST FOR TOMORROW WHICH SHOULD FAIL TO MAKE A NEW LOW JUST ABOVE 119.50 AREA. HERE WE ARE ANTICIPATING A LONG TRADE THAT WILL EVENTUALLY BREAK 121.20.
GLT
FOLOW US ONTWITTER @CHARTS_247
THE GREEN RECTANGLE BREAKOUT ON 08/SEP/2015 WITH THAT BIG 4HR CANDLE IS AN INDICATION.
NOW TODAY WE HAVE SEEN FIRST RETEST OF THIS BREAKOUT ZONE, WE EXPECT ANOTHER RETEST FOR TOMORROW WHICH SHOULD FAIL TO MAKE A NEW LOW JUST ABOVE 119.50 AREA. HERE WE ARE ANTICIPATING A LONG TRADE THAT WILL EVENTUALLY BREAK 121.20.
GLT
FOLOW US ONTWITTER @CHARTS_247