This is my technical memorandum with USD/JPY's High downward Risk.
First of all, Flag Pink line was already broken (target: 113.40 at minimum)
Secondly, H&S neckline will be almost broken (target: 114.65 )
Third, if A=C case, target will be at 117.14
On the other hand, there are two Stronger, and Strongest trend supportive lines.
117.14 will be a good supportive point at moment (because of Yellow Zone )
However after all, if correction phase will be beyond Jun. 25, Deeper downward Risk
will be coming....
Nikita FX (climbingfx.jugem.jp/ )
First of all, Flag Pink line was already broken (target: 113.40 at minimum)
Secondly, H&S neckline will be almost broken (target: 114.65 )
Third, if A=C case, target will be at 117.14
On the other hand, there are two Stronger, and Strongest trend supportive lines.
117.14 will be a good supportive point at moment (because of Yellow Zone )
However after all, if correction phase will be beyond Jun. 25, Deeper downward Risk
will be coming....
Nikita FX (climbingfx.jugem.jp/ )