USDJPY: Selling JPY following bad forecast on JPY. USDJPY: Selling JPY following bad forecast on JPY. Buying USD. JPY Machine Order is forecasted bad.
Machine
Keep knocking on the door and it'll eventually break.Been watching this level since the start of the year, it seems that bulls refuse to give up IBM.
Knocking on the resistance of $164 again and again over the past few months. Eventually, bears behind the door might give way.
Open: 164.69
S/L: 162.01
T/P: 178.07 (gaps)
Earnings might be the catalyst, I've my algorithmic orders waiting.
