collins557

USDJPY (BULLISH RECTANGLE PATTERN)

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
What a week for the dollar against the yeun!!! from the NFP results the Bucks has been a major dominant currency pushing ahead of most major currencies. i believe we would see more bullish momentum on usdjpy. technical analysis potrays a bullish rectangle pattern which started from late last month strething for some weeks. we anticipate to see a strong bullish breakout from on this pair next week.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.