04 Juli 2017, USD/JPY
Technical Observation
After the second retracement towards 111.85, Usd rose almost 163pips but failed to get to my Take profit set at 113.69. The downward rally observed few hours ago is a pullback and should be short-lived. On the 4 hour chart above, I still expect a rise towards the short resistance line 113.69. If 113.69 is clearly broken, then I expect a rise upwards towards 115.00.