USDJPY 114.200 RESISTANCE AND INVERTED HAMMER FORMATION
Amid post Fed : Mid Election results and trade war tensions.
the dollar has been stronger over the Yen in the past few days. this has seen New highs topping at 114.200 in the early hours of this morning.
this pair has gone on to lose momentum. this morning the markets opened at 113.7730 and roughly 435 pips to the upside losing steam.
in the formation we now have a rising wedge and a 114.000 resistance and over the next few days we could see Yen gains down to 113.400 and a potential trendline break
the dollar has been stronger over the Yen in the past few days. this has seen New highs topping at 114.200 in the early hours of this morning.
this pair has gone on to lose momentum. this morning the markets opened at 113.7730 and roughly 435 pips to the upside losing steam.
in the formation we now have a rising wedge and a 114.000 resistance and over the next few days we could see Yen gains down to 113.400 and a potential trendline break