USDJPY at critical moment (Jan 20)

20 January 2016, 17:58
Lahcene Ouled Moussa
0
89
  • Nikkei is down 3.7% today.

    So far during Asian hours, the trend is very strong – Strong YEN, weak AUD, strong EUR …

    Naturally USDJPY has been down all day, and came to the Double Bottom on H4.

    The price touched 55EMA yesterday.  So 21EMA -> 55EMA -> Double Bottom scenario could be valid so far.


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