USDJPY - Possible Head and Shoulder Long
U.S. Dollar/Japanese YenFXCM
Description
⋅ As we can see USDJPY broke out of a bearish channel and showed support at a key fib area @61.8 showing that price may be ready to go up.
To further this bullish sentiment a possible head and shoulders seems to be forming within the pair was well.
This idea can be seen as being invalid around the 129.566 area.
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