Long term I am bullish on USDJPY.
Short term I think it is due for a pullback.
At least three orders of wave 5's look to be done.
There was economic news about US postponing Trade War with China.
I think that is why UJ gapped up over the weekend.
This news might give USD some strength.
So this is to Observe ONLY.
Maybe on Tuesday I will consider a position.
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110.025 price in above chart is referenced to this finding:

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For my longer term bull outlook, I can imagine 113.00-113.50 target as posted here:

Short term I think it is due for a pullback.
At least three orders of wave 5's look to be done.
There was economic news about US postponing Trade War with China.
I think that is why UJ gapped up over the weekend.
This news might give USD some strength.
So this is to Observe ONLY.
Maybe on Tuesday I will consider a position.
=
110.025 price in above chart is referenced to this finding:

=
For my longer term bull outlook, I can imagine 113.00-113.50 target as posted here:

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.