Hi friends,
The JPY is being very weak for a while. Several days ago I suggested the AUDJPY to short it. The job done for the first target but the second target wasn’t reached and the pair retraced up.
Now, I think the JPY pairs are reaching the top again, and we are in front of bearish cycle again.
I will not share charts as for now, just will ask you to put some levels on your watch list, and I will update when right time comes.
1- USDJPY – 80.30 – 81.1
2- EURJPY – 105-106
3- GBPJPY – 129.5 – 131.5
4- AUDJPY – 84-86
On these ranges, we will be watching for the divergence to complete, and we will attack the pairs when right time comes. So, put it on your lists, and stay tuned for updates.
Have a wonderful day
Vladimir Ribakov
http://www.divergenceuniversity.com/
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HAHA
Yes I am coming to Poland, and right after that to Hungary to hold seminars.
The things I put on charts are the best visual tools that really work, and yes you need to check that first before yu believe me. I am always ready for this challange :)
Have a great weekend
Vladimir