As we can see USDJPY broke out of a bearish channel and showed support at a key fib area @61.8 showing that price may be ready to go up.
To further this bullish sentiment a possible head and shoulders seems to be forming within the pair was well.
This idea can be seen as being invalid around the 129.566 area.
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To further this bullish sentiment a possible head and shoulders seems to be forming within the pair was well.
This idea can be seen as being invalid around the 129.566 area.
If you would like to see updates on this idea and many more please follow and hit the like button for more!