mwayers

USDJPY 1H Breakup or Breakdown?

FX:USDJPY   U.S. Dollar / Japanese Yen
0
If price breaks this 1H double top then we are going to the daily level of 103.65.

I am more bearish though and think we might see a reaction off the double top and to break this bull trend line. If so, look for price to hit at least the bottom of the trend line.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.