This is why USDJPY Should Go down - TRADING WITH WEIS WAVE WITH SPEED INDEX
22 July 2019, 15:46
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Reading our waves we forecast the USDJPY should go down -wait for it to break support.
1. Multiple hits on Resistance
2. High Speed Index 15.1 with high Volume bar - News Time
3. First push down with High Speed Index of 33.5
Finally the last up waves have Higher Speed Index ( 7.8, 7.3) than the down waves
to be continued...
This Forecast did not go as planned- USDJPY even it broke support we had a false break and continued up . Next level to check for weakness if Resistance & 4HR Fib at 50-61.
