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USDJPY reversed at HnS neckline

Short
Dollar Américain / Yen japonais (FX:USDJPY)  
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FX:USDJPY   Dollar Américain / Yen japonais
Trend Analysis Wave Analysis Chart Patterns USDJPY jpy yen dlifestyletrader tradingideas tradeidea dailyforecast
3
0
trendanalysis waveanalysis chartpattern usdjpy jpy yen dlifestyletrader tradingideas tradeidea dailyforecast
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.

Idées en relation

AlgoVenture
USDJPY to Range before Further Downside
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