USDJPY
As
far as the price is below its pivot point, a short position is recommended with
the first target at 116.20 -115.80. Price actions from 16/12/2014
are viewed as a consolidation pattern with rebound from 115.60
as the second leg,below 115 area it will indicate that the third leg as started
and will target 111 low.
short
positions are recommended with the first target at 115.80-116.20.
A breach of this target will
push the pair further downwards and one may expect the second target 111 area.In the
bigger picture, the up trend from 2012 is supported by key levels 109 area
This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice
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