USDJPY Monthly Chart Analysis, Long
USDJPY analysis on monthly chart.
Penant/Triangle forming Now. But as 105.000 Line is a very strong historical Support line, & as per market environment & Outlooks, I suppose USD will get stronger. Its mostlly possible for USDJPY going bullish for a good 3 month.
Credits/Seed Idea : My Mentor
Penant/Triangle forming Now. But as 105.000 Line is a very strong historical Support line, & as per market environment & Outlooks, I suppose USD will get stronger. Its mostlly possible for USDJPY going bullish for a good 3 month.
Credits/Seed Idea : My Mentor
Note
In the event of an unfortunate breakout, USDJPY *might* fall back to bellow support/resistance level. Otherwise, it will go up hopefully till 125.00o line.
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