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U.S. Dollar / Japanese Yen
Short

USDJPY in Bearish Triangle | 28 April 2020

By FXCM
Broker
Updated
Hey USDJPY today is in a bearish triangle where we are waiting for a final point 5 touch with the trendline. If price can break below the key support level a stronger drop is to happen !

entry: 106.96
sl:107.42
target: 105.59
Note
USDJPY in Bearish Triangle | 28 April 2020
Note
Price broke below the triangle and is pulling back to the support-turned-resistance level, which could be a start of a sharper drop from there!
Chart PatternsforexsignalsHarmonic PatternsjpyTrend AnalysisUSDUSDJPY
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