This is a continuation of my previous forecast on Monday where a bat pattern was forming.
As of now, the bat pattern is fully completed, only waiting for reversal signal to sell.
The dollar, which has met with strong resistance above 97, is showing strong selling strength.
With that in mind, there's a high possibility that buyers of USDJPY will release their orders and sellers will be attracted to sell while the price is still relatively high.
As of now, the bat pattern is fully completed, only waiting for reversal signal to sell.
The dollar, which has met with strong resistance above 97, is showing strong selling strength.
With that in mind, there's a high possibility that buyers of USDJPY will release their orders and sellers will be attracted to sell while the price is still relatively high.
