Hello everyone. This is my first published idea on this platform. According to my analysis, USD/JPY is looking to make a double top respecting the 61.8 retracement zone on the Weekly to possibly start its downtrend. The bulls are currently still in power over this market over the long term until further notice. Last week's NFP release showed that there's strength in the US Dollar, and broke through a major S/R Zone. So we should be seeing moves to the upside this week. Happy Trading!
Trade closed manually
Trade closed: target reached