2020-09-16

USD vs JPY

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
USD/JPY IS STILL IN DOWNTREND IN MEDIUM TERM,BUT SIDWAYS IN LONGER TERM
I DO THINK  TRIANGLE IS UNFOLDING ON THE BIGGER PICTURE
HOWEVER, APPEARANCE OF THE HEAD AND SHOULDERS IN DOWN TREND MEANS, THE DOWNTREND IS STILL ONGOING, BUT IT IS ABOUT TO END
SOME TEXTBOOKS SAY 10%-20% PREDICTED DROP AFTER REVERSAL PATTERN‘S COMPLETION
DOWNWARD PRICE TARGET  IS SET AT 102.5