USDJPY: Pullback From Support 🇺🇸🇯🇵

373
https://tradingview.sweetlogin.com/x/ns595d6O/

USDJPY looks very oversold after a strong bearish rally last week.

The price is currently testing a confluence zone based on a daily
and 4H horizontal supports.

As a confirmation, the pair formed a cup & handle formation on that
and broke its neckline.

I think that the price will reach 159.0 level today.

❤️Please, support my work with like, thank you!❤️

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.