USDJPY Long ... testing upper boundary of rectangle
Updated
The Japanese yen appears to be weakening against the US dollar, testing the boundary of the rectangle as we speak.
IF this breaks, it is looking like a pretty decent trade... keep your eyes on this one.
IF this breaks, it is looking like a pretty decent trade... keep your eyes on this one.
Note
Looks like price is teasing the upper boundary of the rectangle as we speak.Going down to the 4-hr chart, we also have a Cup & Handle launching pattern.
We may have a signal this week!
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.