Early outlook on usdjpy
After usdjpy flagged on the monthly timeframe, it then went on to trend about 4000 pips upwards. After this huge momentum to the upside the market has tried to catch its breath with a minor pullback.
I will be anticipating a deeper pullback if the market closes below the present resistance which it is at. after the close, the market would have then formed a double top on the monthly timeframe which will lead to major collapse into the next major zone which I have highlighted
drop me a comment lets have a discussion if you have something similar or different
I will be anticipating a deeper pullback if the market closes below the present resistance which it is at. after the close, the market would have then formed a double top on the monthly timeframe which will lead to major collapse into the next major zone which I have highlighted
drop me a comment lets have a discussion if you have something similar or different
Penafian
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