Usdjpy gave a technical bullish head and shoulders pattern, patience pays… waited for rsi to line up. And it matched fundamentals:
The US Dollar is regaining lost ground against a broadly weaker Japanese Yen on Friday. Market concerns about the political uncertainty in Japan are weighing on the JPY, pushing the pair to 187.90. From a longer perspective, however, the pair has kept trading sideways roughly between 146.00 and 149.00 since early August
The US Dollar is regaining lost ground against a broadly weaker Japanese Yen on Friday. Market concerns about the political uncertainty in Japan are weighing on the JPY, pushing the pair to 187.90. From a longer perspective, however, the pair has kept trading sideways roughly between 146.00 and 149.00 since early August
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.