As I have indicated by the black lines.

I think that USDJPY will be heading down to the Monthly Pivot which coincides with the this week’s future S2 level, Fib retracement of 38.2 of the entire move up, find support at this cluster area, and head out to the weekly R2 in the near future.


One thought on “MY USDJPY Idea for the week”

  1. Hadeer Younis says:

    Forgot to mention, at the support cluster is also the psychological level of 111.000 to add to the confluence of everything else.

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