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savvyacademy

USDJPY At CrossRoads

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
savvyacademy  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Support and Resistance Head and Shoulders USDJPY
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supportandresistance headandshoulders usdjpy
It is holiday season. USDJPY gains due to the commitment from Central Bank to taper.
So at the current price level of 114.70, it appears that USDJPY is at a recent top.
At current level, it seems to form a right shoulder.
Will it challenge the next top or to fall back to the range support?

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