USDJPY: SELL
Based on my analysis, I anticipate that USDJPY will exhibit a downward trend from the current resistance zone, which ranges from 136.93 to 136.77, towards the established support zone that lies between 136.00 and 135.77. This anticipated trend is expected to yield a classic inverse head and shoulders pattern, with a subsequent bullish move in the direction of the trend.
Note
All targets hit
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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.