USDJPY short form key level 118.65ish
lets see if it holds the channel. If not, breakout long
Im bearish on this trade but waiting for confirmation
waiting on elliott wave 4 to create before confirming a further long entry into the new trend
I have my eye on the formation of what appears to be a cup and handle.The AUD has been one of the strongest currencies against the USD over the past several months and today it is finally breaking up above the psychologically key 0.7500 level. If this holds it will be a very bullish sign. Above 0.7600, this pair starts to reach its price levels of 3 and 6 months...