USDJPY Major Support Level Breakout - Daily

FX:USDJPY   U.S. Dollar / Japanese Yen
Targets 110.
Trade closed: target reached: Target almost reched
Yeah, after 110 I believe 106 will be the next target to the downside whih is the measured move of the Head & Shoulders pattern from Head to Neckline.
FractalEyeZ FractalEyeZ
Also watch the S&P500 because if it also breaks and falls further then the USD/Yen will drop like a rock especially if the market panics and goes strong with the safe haven flows of the Yen.
Bandarsq FractalEyeZ
Yes I agree on the H&S patter, not a perfect one but it's there.
A pinch , or a break ;)
Bandarsq moorekapital
It looks a break on weekly :)
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