USDJPY - Ahead of BOJ Interest Rate Decision
From a technical perspective, USDJPY us under the formation of a Inverted Head and Shoulders pattern.
However it needs to align with the fundamental perspectives as well.
If the BOJ does not increase rates, we may see the Inverted Head and Shoulders pattern push the price aggressively from its current position.
Neckline - Near 143.5 level
Head and Shoulder Pattern Target - Near 147 levels
However it needs to align with the fundamental perspectives as well.
If the BOJ does not increase rates, we may see the Inverted Head and Shoulders pattern push the price aggressively from its current position.
Neckline - Near 143.5 level
Head and Shoulder Pattern Target - Near 147 levels
交易進行
Clean trade. Breakout and Retest done. Now waiting for Target to be hit交易進行
This inverted Head & Shoulder is supported by a trendline too.
交易結束：目標達成
Inverted Head and Shoulder Target Reached
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