USDJPY currently remains on a swing trade but is showing signs of a formation of a right shoulder for an inverted H&S. We can expect a consolidation down to 112 levels but should this break, then the formation of said structure is inevitable.
P.S. This is for educational purposes only.
P.S. This is for educational purposes only.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.