Dollar A.S. / Yen Jepang
Penjualan

USDJPY - Happy New Year #2016 (Short side still in play)

811
This is the updated chart for the year, from last year.
USDJPY - Happy New Year #2015-Watchlist-1


Price managed to touch to the 123.1 level and there looks to be a move building up to the downside. A close above 123.1 on monthly will invalidate the set up. Expect a gradual decline lower to 106 - 102. Could take 2016 or next year

Watch for break of the steep price channel. There could be a minor move higher which should be the last pop before prices start to fall.

Good luck and Happy and a Profitable New Year

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