The journey for dollar yen has been a rocky one, trading without much direction for the last few months, we should see a huge dump coming soon in October as risk on pairs take on move upside.
BEAR CASE
After a brief move to the upside to test near 111 in the coming week, we should see a larger, more powerful move to the downside to test
BULL CASE
If there is enough value to stop out those at 111.6, price could be manipulated to the upside and wick down immediately to fulfill the bear case and test 109 and 107 in October.
BEAR CASE
After a brief move to the upside to test near 111 in the coming week, we should see a larger, more powerful move to the downside to test
BULL CASE
If there is enough value to stop out those at 111.6, price could be manipulated to the upside and wick down immediately to fulfill the bear case and test 109 and 107 in October.