USDJPY formed a good reversal pattern (h&s) and last week dropped to the neckline of the right shoulder.
I'm expecting the price to gather bearish momentum this week to break the neckline and head towards the monthly support at 124.4.
I'm expecting the price to gather bearish momentum this week to break the neckline and head towards the monthly support at 124.4.
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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.