USDJPY Forming a Cypher Pattern, Possible shorts on sight
fizzles upside momentum ahead of the European session on Monday. In doing so, the loonie pair drops from a three-day high of 1.3600 to 1.3585 by the press time. However, the bulls remain hopeful amid broad risk-off mood backed by the coronavirus (COVID-19) headlines and uncertainty surrounding major stimulus plans from the key economies.
Price broke and is testing this zone as a support, wait for a buy signal on a lower time frame.
Pullback is over, time to sell?? comment your ideia bellow