USD/JPY technical memorandum with High downward Risk (Nikita FX)
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This is my technical memorandum with USD/JPY's High downward Risk. First of all, Flag Pink line was already broken (target: 113.40 at minimum) Secondly, H&S neckline will be almost broken (target: 114.65 ) Third, if A=C case, target will be at 117.14
On the other hand, there are two Stronger, and Strongest trend supportive lines. 117.14 will be a good supportive point at moment (because of Yellow Zone )
However after all, if correction phase will be beyond Jun. 25, Deeper downward Risk will be coming....