USDJPY has pulled back from an HnS and found resistance at the neckline.
It has completed at least 2 bullish waves which have also taken 3 trading days and thus USDJPY may resume falling soon.
Traders may consider selling at the current price but keep in mind that the market may pull back a little further, at the most at 105.20.
It has completed at least 2 bullish waves which have also taken 3 trading days and thus USDJPY may resume falling soon.
Traders may consider selling at the current price but keep in mind that the market may pull back a little further, at the most at 105.20.
