USDJPY - Potential reversal back to 112.00 -Symmetrical Triangle
The USDJPY is approaching a key area in a symmetrical triangle at 108.90.
This provides opportunity to BUY back to roughly 111-112.00
The symmetrical triangle has provided support and resistance over the last couple of years.
Stop losses will need to be set outside of the triangular pattern at 108.40-108.00
This provides opportunity to BUY back to roughly 111-112.00
The symmetrical triangle has provided support and resistance over the last couple of years.
Stop losses will need to be set outside of the triangular pattern at 108.40-108.00