USDJPY has pulled back from an HnS and found resistance at the neckline.
It has completed at least 2 bullish waves which have also taken 3 trading days and thus USDJPY may resume falling soon.
Traders may consider selling at the current price but keep in mind that the market may pull back a little further, at the most at 105.20.
It has completed at least 2 bullish waves which have also taken 3 trading days and thus USDJPY may resume falling soon.
Traders may consider selling at the current price but keep in mind that the market may pull back a little further, at the most at 105.20.
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Related publications
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.