Confluence of many factors USDJPY NOT entering pre FOMC though
- Second chance to buy NZD USD - Head and Shoulders formed previously last week now we can see a pullback looking to take a long position once we see rejection from the bottom of the channel which is also a key area of resistance as shown in red.
- Head and Shoulders formed at a key level now we are retesting the neckline - Will be taking a short position on retest of the neckline