Skyper_Fresh

USD/JPY GOING UP!

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FX:USDJPY   米ドル/円
USD/JPY going up before going down. From the previous patterns and re-tests of the resistance, we anticipate continuation of downward momentum but in our correction pattern we know it is highly possible and probable to complete the pattern by going up to get our third touch and test our resistance to break our highs at the point 142.114 where a reversal arc is anticipated to be seen. Price at 137.922 had a strong resistance and now it acts as a our support, this gives us more probability that we might go to test highs at 142.114 and complete the pattern to give price much more probability and possibility to reverse and take a momentum to the downside.

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