U.S. Dollar / Japanese Yen
Long
Updated

USDJPY - Potential Bat Pattern on Daily Chart

139
A bullish bat pattern is about to complete, RSI is already at oversold level.
PRZ is at a good support level.

Not ambitious on this on as the Commitments of Traders reports on USD shorts have risen.

DO note that federal funds rate and NFP announcements will be released this Thursday and Friday.

Please trade with caution.

R:R at 1.8. Good luck.

Order cancelled
Price did not retrace, pattern invalid.
Will move on to other patterns.

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