Fx_Trader_ViSa

USDJPY In Rising Wedge pattern.

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY is trading in a rising wedge pattern. It has tested the rising wedge pattern resistance and reversed from it. We may see the price pullback in USDJPY towards the support of the rising wedge , if it breakout of the rising wedge on the downside, it may test support line and bounce back to get back in pattern and test the resistance 1 and resistance 2. Overall we can see further upside on USDJPY .

Note - trade with proper Risk Management System

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