Kaetea_Ng

Bullish breakout of Head&Shoulders on USD/JPY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello Traders,

My last USD/JPY prediction was proved wrong.

However this time we've spotted a bullish break of a Head&Shoulders pattern on the hourly timeframe.

Price is now testing the neckline.

Bullish momentum might last until price hits the resistance level as indicated in the chart.

I wish you a happy trading day.

Kaetea Ng
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