USD/JPY mid-term TP (Nikita FX )
USD/JPY breached 122.00/22 level.
TP 1 will be 120.50 which is a crossing point of S & R on July 20.
S: 115.84--118.48--120.50
R: 101.50--105.19--120.50
TP 2 is Fib.161.8% of wave 1 (125.85--122.45) from 124.37 which is 118.87.
TP 1 or TP 2 will be Major-A, then Major-B will fill the Gap Down (123.18--123.74).
Major-C will plunge more downside into (79.07--101.50---114.36(Aug. 10)) line.
Nikita FX (climbingfx.jugem.jp/ )
TP 1 will be 120.50 which is a crossing point of S & R on July 20.
S: 115.84--118.48--120.50
R: 101.50--105.19--120.50
TP 2 is Fib.161.8% of wave 1 (125.85--122.45) from 124.37 which is 118.87.
TP 1 or TP 2 will be Major-A, then Major-B will fill the Gap Down (123.18--123.74).
Major-C will plunge more downside into (79.07--101.50---114.36(Aug. 10)) line.
Nikita FX (climbingfx.jugem.jp/ )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.