USDJPY - GLOBAL FORECAST 2017yAccording to the US index reverse pattern, we're waiting the continue of uptrend tendency of USDJPY currency pair. Nearest target - 116.000. So!?!? Let's see...)))
6j
staying positive - possibel new trading opportunites First target 1.) 117,311
However a pullback to 116,564 = wanna get long there with stop loss 116,356.
Source of the big move is from 115,124/114,772.
will stay positive as long as >114,772
Fade the Yen 2NOVThe premium in YEN have been increasing and even though it's on the down move in the range, the calls can be sold for a nice premium. In the immediate term I would like YEN to move up to my resistance area. If YEN has to move down, I would like it to move down slowly.
