Here’s Dolly Jen
#2 USDJPY
115 a tough nut to crack
USDJPY H4 chart
– Ranging nicely after the drop to, and double bottom at 111. That’s the sort of clean double bottom that I’d liked to have seen in cable, which is why I’m not completely ready to believe a proper bottom is in place there yet. 114.50 is the immediate target and then the mid-Feb high at 114.85/90. 115.00/20 marks the tough spot, with the 38.2 fib at 115.05, and the 100 wma sits bang in the middle of that also. Via 115.50/55 and 115.80/85, 116.00 presents the big level around.