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Mrsam36
Mar 26, 2024 6:17 PM

Usdjpy do anything but downfall read the caption  Short

U.S. Dollar/Japanese YenFXCM

Description

On the 4 hour chart, we can see that the price recently broke out of the trendline that was defining the uptrend since the 146.50 level. We can also notice that we had a double top at the resistance level, but the price will need to break below the neckline at 150.36 to confirm it. This recent breakout should point to at least a pullback into the neckline, but the consolidation skewed the picture,
Comments
Moses16
Accurate
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