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Alexander_Amon

Rising indizes could push it up to 110 area

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Dollar A.S. / Yen Jepang (FX:USDJPY)  
Alexander_Amon  
FX:USDJPY   Dollar A.S. / Yen Jepang
Trend Analysis USDJPY usdjpylong
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trendanalysis usdjpy usdjpylong
Recent week we saw a nice risk off pushing money into JPY, all JPY crosses had a massive sell off.
The price rejected at the weekly bullish block around 106.8.
We could see a buy to 110 area, but keep in mind that any breach of the 106.8 area with massive sell candles could lead us to 105 area before the trend changes.
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