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ChottoMatteInvest

Inverted Head and Shoulder in Weekly Chart

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
ChottoMatteInvest Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Chart Patterns
9
0
chartpattern
Current resistance has been tested fourth time since 2000, which formed inverted head and shoulder in the weekly chart. Do be careful when you trade in this area, you should wait for break up or rejection from the current resistance area. On my view, the resistance remains strong as JXY at the overall low since 2008.
Comment:
Broke up, sky is the limit
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