Dollar A.S. / Yen Jepang
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USDJPY - Ahead of BOJ Interest Rate Decision

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From a technical perspective, USDJPY us under the formation of a Inverted Head and Shoulders pattern.

However it needs to align with the fundamental perspectives as well.

If the BOJ does not increase rates, we may see the Inverted Head and Shoulders pattern push the price aggressively from its current position.

Neckline - Near 143.5 level

Head and Shoulder Pattern Target - Near 147 levels
Trade aktif
Clean trade. Breakout and Retest done. Now waiting for Target to be hit
Trade aktif
This inverted Head & Shoulder is supported by a trendline too.


Trading ditutup: target tercapai
Inverted Head and Shoulder Target Reached

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