USD/JPY has created a bullish line, but it could also be interpreted as a H&S pattern.
It’s expected to create right shoulder and strong selling pressure will come below 109.817.
If it breaks the neckline, then we can expect to see the price point of 108.360.
It’s expected to create right shoulder and strong selling pressure will come below 109.817.
If it breaks the neckline, then we can expect to see the price point of 108.360.