USDJPY Head And Shoulders pattern formed expecting this drop

2021년 12월 23일

Very technical market has formed a head and shoulders price action on the daily chart. Market overall has reached extreme areas in yen pairs and indices so a Yen strength is to be expected starting from now going into tomorrow and the upcoming weeks.

Obvious target the equal leg from the fib extension between previous high pull back and the most recent high.

This is just for educational purposes only.