USDJPY - Ahead of BOJ Interest Rate Decision
From a technical perspective, USDJPY us under the formation of a Inverted Head and Shoulders pattern.
However it needs to align with the fundamental perspectives as well.
If the BOJ does not increase rates, we may see the Inverted Head and Shoulders pattern push the price aggressively from its current position.
Neckline - Near 143.5 level
Head and Shoulder Pattern Target - Near 147 levels
However it needs to align with the fundamental perspectives as well.
If the BOJ does not increase rates, we may see the Inverted Head and Shoulders pattern push the price aggressively from its current position.
Neckline - Near 143.5 level
Head and Shoulder Pattern Target - Near 147 levels
Transaction en cours
Clean trade. Breakout and Retest done. Now waiting for Target to be hitTransaction en cours
This inverted Head & Shoulder is supported by a trendline too.
Trade fermée: cible de profit atteinte
Inverted Head and Shoulder Target Reached
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.