Forex101au

USD/JPY Push lower. Head & Shoulders formation

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
As the DXY plummets lower and a head & shoulders formation coming along on USD/JPY , I've decided to put close attention on the pair. I'll be waiting for the neckline break & close on the daily chart retest on the 4HR chart before looking to short down to 102.400

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