USD/JPY Analysis


Let’s take a look at the USD/JPY daily chart.

We can a pretty strong downward trend line as we start testing the low from March 2011.

Look for the pair to potentially head down a little further – potentially to the 76.00 – 75.00 level. Once the current downward movement fizzles out, then look for the pair to head back up to 78.00 area and above.

Good luck with trading.

C2FX Forex Trade Sheet

For 2011:

• +5,327 long term pips
• +1291 pips short term trades
• +50-100 pips per week average on quick trading

To find out more about the C2FX Forex Trade Sheet, visit