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USD/JPY closing gap on small 124 barriers

  • USD/JPY remains on track for objectives by 125, prices above down TrendLine from '09 by 122

  • Pair closing gap on small 124 barriers & 124.14 peak from '07; stops above there

  • 161.8% Fibo-projected highs off Mar's low & '14's low are at 124.90 & 125.17

  • Daily ADX only at 19 v trendless 13 May low & 34 Mar moderate swing high

  • Large RKO defenses arrayed into 125, reinforcing that as new range top

  • Market Data
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