FX:USDJPY   U.S. Dollar/Japanese Yen
129 2 1
In my previous analyses, I was looking for a break lower in this pair (see related chart) and decided to disregard the H&S pattern to the upside. Clearly it was not the right decision as it seems that the H&S pattern working very nicely - at least for now.
If the pattern should play out in full, then it means new highs very close to 123.00
claydoctor
2 years ago
HS tough to see here. Many headwinds ahead for this pair, heading down after meeting strong resistance IMO.
Reply
capitalpropertiesfx claydoctor
2 years ago
Very much possible. I'll wait until the 2nd week of January to get more data to analyse. Generally I would like to see it lower but currently the price action is not confirming a bearish scenario.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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 Billing Sign Out