dchua1969
Long

Inverse relationship of USDJPY and XAUUSD

FX:USDJPY   US-Dollar / Japanischer Yen
As I am more bullish on Gold             than USDJPY             , I think this is how it would play out in the near future. Let's see.
USDJPY             has to break out of the flag pattern , hit above the important resistance else it would continue its downward spiral move.

Gold             has been surging for almost non-stop over the last 10 days or so. It is time to take a breather and likely to continue its move upwards.
Kommentar: USDJPY nicely goes above the 21EMA, nice. Let's see if it plays out what I chart here or will it pierce through the upper channel line. What do you think?
Kommentar: I am selling USDJPY at lower time frame.
Trade safely
Kommentar: thank you mr market
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