USDJPY! Major Resistance Broken!!

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!
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