USDJPY: Inverse Head and Shoulders on 1D. Sell opportunity.

The pair has been trading on a 1D Inverse Head and Shoulders pattern (RSI = 61.316, MACD = 0.160, Highs/Lows = 0.4329). The price is now approaching the 112.140 Resistance which is a sell opportunity for us. The pressure points are clearly seen on the chart. TP = 110.800 with 110.325 as a possible extension.





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