USDJPY 1d reversal, retesting S/R area
- Price reacted to the resistance area between 114.00 - 114.50,
where it formed a head & shoulders pattern.
- It stayed within a range between 113.00 and 114.50.
- Recently, price broke below 113.00. It is currently retesting the area.
- Also, in 4h chart, it is showing a nice pullback to the EMA.
- Sell the continuation.
where it formed a head & shoulders pattern.
- It stayed within a range between 113.00 and 114.50.
- Recently, price broke below 113.00. It is currently retesting the area.
- Also, in 4h chart, it is showing a nice pullback to the EMA.
- Sell the continuation.
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