usdjpy long term trend line breakout.
yellow trend line has breakout.
it can retest the trend line before further upside movement. after months of lower low and breakout it is ready to make higher high.
key resistance 61% retracement is at 108.214. it could continue its down trend from there or it is just beginning of king dollar
(all the fib retracement are almost near the horizontal resistance level )
it can retest the trend line before further upside movement. after months of lower low and breakout it is ready to make higher high.
key resistance 61% retracement is at 108.214. it could continue its down trend from there or it is just beginning of king dollar
(all the fib retracement are almost near the horizontal resistance level )
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