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Japanese Yen 8400 Key Level

Japanese Yen 8400 Key Level

2011-03-09 15:41:00
Jsaettele,
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480 Minute Bars

eliottWaves_usd-jpy_1_body_usdjpy.png, Japanese Yen 8400 Key Level

Prepared by Jamie Saettele

The USDJPY has popped and is on the verge of taking out its March high just above 8300. 8397 is the key level but a bullish triangle resolution (waves A and B in red) remains valid. It really is a wait and see game for the USDJPY.

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