Yen forming inner inverse head and shoulders

USDJPY is forming an inverse head and shoulders.

If it breaks out the expected percentage move is almost exactly the amount needed to take it to the longer forming neckline. From there we can see if we will get a longer forming break out or not by testing the second larger neckline.

* This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

Order cancelled:

Broke support