USDJPY: Inverse head and shoulder about to complete
Looks like the USD is reversing direction at least in the short term(days).
A trading setup present it self and Head and shoulders bottom about to complete. If we close above the neckline at 108.50 today, target of pattern point to 110.30.
Trade with care
Tech
A trading setup present it self and Head and shoulders bottom about to complete. If we close above the neckline at 108.50 today, target of pattern point to 110.30.
Trade with care
Tech
Note
Price closed above neckline. Next near term resistance at 109.00, then 109.70.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.