Nobody can stop USD/JPY bulls!

usd-jpy 14.11.

Take a look at montly chart here. USD/JPY is aiming for 100% return of the July 2007. –> August 2011. fall,! The fall started in July 2007. from 123.66. There is several resitances on the smaller charts here, but I can’t see any stronger one before 118. First support is at 114.90/115.00, second the stronger one at 112.40/50. But, is there any chance to break this pair down? Amaizing strenght on this pair, which started after consolitation in July this year, from the level at 101.00! How do you see this pair until the end of the year?

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2 comments

  • 117.60! 🙂

    Liked by 1 person

  • It looks like there is somebody! 🙂 Just kidding, this is monthly chart and there is a lot to come here in the next weeks.

    Like

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