USD/JPY set to re-test monthly psychological resistance at 114?
Bullish crossover and double bottom formed at daily time frame could hint for a re-test at the monthly resistance of 114. Should the price break through the resistance, it could be potentially head towards 115 region and then a pullback. Just sharing my analysis, trade at your own risk. Feedback are welcome. I'm still a novice trader :) Cheers everybody!
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.