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RaynLim
Oct 18, 2020 10:07 AM

USDJPY-Weekly Market Analysis-Oct20,Wk3 Long

U.S. Dollar/Japanese YenFXCM

Description

Rooting for a trend reversal trade, the head and shoulders do give a potential push to the upside. When the market opens on Monday, a break and close above the red box(sell zone) indicates a strong signal on a bull run on the technical side.

Traders have to watch closely the development of the US election as any other dramatic move can affect and influence the market movement.
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