USDJPY: Cup-with-Hand Pattern

Fundamentals:
FED-BOJ divergence
Risk: The US Fed suddenly starts to lower rates.

Technicals:
Daily Channel
Cup/w Handle pattern
Kijun Trend Bounce
5EMAs
Past Resistance = Future Support
Daily ADR reached
Fixed Volume Profile support

target: around 153
Beyond Technical AnalysisChart PatternsTrend Analysis

Disclaimer