USDJPY pushing up to test the big double top again

It looks like the action isn;t over for the day (yes, I have got one eye on the pub). USDJPY is up testing 114.30 again and we could have some fireworks if that and 114.50 gets broken. There’s still barrier options sitting at 114.50 so they may contain but not if the dollar decides it wants to make a statement.

USDJPY daily chart

USDJPY daily chart

Keep an eye out also for EURUSD testing 1.1600. There’s more support at 1.1575 should we drop under.

 

 

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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