USDJPY top for rest of 2018
Chances are with the current price action, we are seeing a top in USDJPY for the rest of 2018.
3 elements in this chart:
1. Blue downward channel, top of channel as current resistance
2. Red trend line previously broken, now indicating pullback
3. Year-year boxes indicating a top in 2015 followed by lower highs in 2016, 2017 and then maybe 2018?
3 elements in this chart:
1. Blue downward channel, top of channel as current resistance
2. Red trend line previously broken, now indicating pullback
3. Year-year boxes indicating a top in 2015 followed by lower highs in 2016, 2017 and then maybe 2018?
"Purely educational. Not meant to be financial advice. Copyright Binni Ong"
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.