DoubleUTee
Long

USDJPY short term upside

FX:USDJPY   U.S. Dollar/Japanese Yen
60 0 4
Kuroda is due to speak on Wednesday, which may iterate the BoJ's stance towards more QE             if necessary.

Yellen is also due to speak on Friday, which may drive the dollar upwards if the tone is hawkish.

Nonetheless, a head and shoulders have formed on the H4 timeframe.

Price has consistently been supported by 99.5 and 100 region and resisted around 101 to 101.5.

Short term traders may consider trading this 100 pips range.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out