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jdemunter
17 Th09 2015 11:23

Usd/Jpy : Breakout on fed news event Giá xuống

U.S. Dollar/Japanese YenFXCM

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In the last post about Usd/Jpy i mentioned a top was near, price has come down nicely since then. This decline was corrective and this EW count suggests price is ready to break out of a triangle wave B and continue the trend lower again.
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claydoctor
Just like the spx500
jdemunter
Hi Claydoctor,
Thank you for you comment! i don't see a (elliot wave) triangle in the spx500 but the rally from the low is corrective and the direction will likely be the same as usdjpy.
Best of luck !
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