I see a significant rising trend line on a 📈USDJPY pair within a 4-hour timeframe.
The price dropped to that today and rebound.
Testing that, the pair formed an inverted head and shoulders pattern on a hourly timeframe.
The neckline of this pattern has recently been breached and is now in the process of being retested.
A bullish movement towards the 158.47 level is anticipated.
The price dropped to that today and rebound.
Testing that, the pair formed an inverted head and shoulders pattern on a hourly timeframe.
The neckline of this pattern has recently been breached and is now in the process of being retested.
A bullish movement towards the 158.47 level is anticipated.
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