FX:USDJPY U.S. Dollar/Japanese Yen
There's a pattern in the making on USD/JPY . If the price closed as it is right now or higher, we will then have an official pattern. This pattern also pierced through the lower end of the which increases the odds of buying USD/JPY . Note that the indicator and ( ) are both showing the price is oversold currently which adds fuel to the bulls. With all the indicators suggesting a bounce right here, we could potentially see buying opportunities in today's New York session.