USD JPY

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Hi Guys,

I hope you guys receiving some PIPS as per my previous chart and also apologize for any people who follow my First arrow .
However, we already achieve the final target as per my previous chart because of USD strength.

Please don't give back the profit and most of the analysis is based on the strength at a particular time, the FX market is operated by the NEWS and whenever we have UPDATED NEWS, the analysis may not be available.



It's time to think about what we may have for next week .


I would predict the chart as some reasons below:

1/ The USD is now increasing its strenth as the intention of trade ware is now alarmingly intensifying
2/ The price are at the Fibo 61.8 and recently touched the Median line .
3/ Volume is now showing support for our analysis.


Happy trading :)
Note
We may not reach the target. However, the volume is not supported the price action. We will watch for further price movements.

Price is now touching the trendline and i am waiting for the higher volume to confirm the price action
Note
Hi Guys,

We are on 1/2 road to the target as per expected before.

Hope you guys have some profit
Chart PatternsTrend Analysis

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