USD/JPY D1

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USD/JPY MN CHART

USD/JPY MN, 22 Sep 2014

USD/JPY D1 CHART

USD/JPY D1, 22 Sep 2014

COMMENTARY

Current price: 108.85

  • USD/JPY Looks Bearish below 110.20
  • JPY highly oversold against USD, EUR, GBP majors
  • Strong monthly resistance (see the chart above)
  • 109.00 – 110.00 level is protected by option sellers
  • Expect correction at least to 107.50, but can move significantly deeper
  • Amendment and addition to USD/JPY SELL Idea from 17 July
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Hi, Friend! My name is Gran Layson. I am an experienced currency and stock trader from Europe. If you want something to be done well, do it yourself, therefore often I feel myself as “Swiss Army Knife Man”. I am the Intomillion’s website administrator, developer ... read more

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