USDJPY top for rest of 2018
Chances are with the current price action, we are seeing a top in USDJPY for the rest of 2018.
3 elements in this chart:
1. Blue downward channel, top of channel as current resistance
2. Red trend line previously broken, now indicating pullback
3. Year-year boxes indicating a top in 2015 followed by lower highs in 2016, 2017 and then maybe 2018?
3 elements in this chart:
1. Blue downward channel, top of channel as current resistance
2. Red trend line previously broken, now indicating pullback
3. Year-year boxes indicating a top in 2015 followed by lower highs in 2016, 2017 and then maybe 2018?
"Purely educational. Not meant to be financial advice. Copyright Binni Ong"
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