USDJPY! Inverse Head and Shoulders Monthly Pattern can be Bullish, but is also over extended . If the Major Resistance turn into a support this will be major..
Here's this week catalyst!!
Today, Fed Chair Powell speech will occur at 1100 am and 1 pm.
In addition, Finance Minister Shunichi Suzuki is due to meet U.S. Treasury Secretary Janet Yellen this week, prompting traders to pare back bearish yen bets on the potential for a step-up in rhetoric.
This will determine the USDJPY future!