USDJPY Rips Through Trendline as Focus Shifts to September High
Prepared by Jamie Saettele, CMT
I maintain that the USDJPY drop on 9/13 completed a terminal thrust from a triangle. The minimum objective is the top of the triangle at 8061 although interruptions are to be expected along the way, specifically 7903, 7965, and 8009. 7802/46 is now support. I’m bullish on dips into mentioned support against 7750.
LEVELS: 7774 7816 7846 7903 7965 8009