DavidBelleFX

USDJPY POSSIBLE BREAKOUT PATTERN

FX:USDJPY   U.S. Dollar/Japanese Yen
Lower highs and higher lows being made on 1H USDJPY             . The DXY             is showing some strength. Combining this with a relatively weak Yen, there is some upside potential. To the downside we could potentially see a test of the 61.8% Fib level.

UPDATE: Price broke out of the triangle to the upside. It was relatively expected. Yen very weak.

Form your own opinions. This is not to be interpreted as investment advice.

Trading leveraged products carries a potentially high level of risk. Losses may exceed deposits.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out