RaynLim

USDJPY-Weekly Market Analysis-Oct20,Wk3

Long
FX:USDJPY   Dollar Américain / Yen japonais
Rooting for a trend reversal trade, the head and shoulders do give a potential push to the upside. When the market opens on Monday, a break and close above the red box(sell zone) indicates a strong signal on a bull run on the technical side.

Traders have to watch closely the development of the US election as any other dramatic move can affect and influence the market movement.

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