USDJPY Triangle breakout? 08.02.2023
Market News/ Driver Today:
FOMC Member Williams Speaks at 16:15 (GMT+2)
Clearly there is a triangle formation after large moves for the pair.
The question is what happens after the breakout.
Potential moves are indicated by the arrows
Estimated potential Stop Levels:
If breaks upwards: 132.2
If breaks downwards: 130.5
FOMC Member Williams Speaks at 16:15 (GMT+2)
Clearly there is a triangle formation after large moves for the pair.
The question is what happens after the breakout.
Potential moves are indicated by the arrows
Estimated potential Stop Levels:
If breaks upwards: 132.2
If breaks downwards: 130.5
Comment:
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