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NorthShoreTech
Aug 21, 2020 9:38 AM

USDJPY: Head and Shoulders forming on 4HR chart  Short

FX:USDJPY240
U.S. Dollar/Japanese YenFXCM

Description

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Inside of a broader wedge seen on the daily chart, a slanted neckline head and shoulders pattern is developing on the 4HR chart. Looking to see funds continue to shift from the USD in the Yen as the DXY index continues to sell off.
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