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USDJPY In An Intraday Correction, Support Seen Around 108.60

Discussion in 'Technical Analysis' started by Kaitlin, May 23, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    USDJPY is trading close to complete blue wave a pullback after tracing five waves up in blue wave v at 110.592. We soon expect wave b to develop with resistance seen around 110.10 from where wave C down should follow with support around the range of the previous wave four[​IMG]

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