USD/JPY has failed its H&S neckline breakdown which was already trial 4.
Trial 4 Failure means a mid-term trend reversal.
There are two supportive lines now:
one is ex-broadening descending upper line
second is H&S neckline.
If it will break through minor-triangle cross point:119.90 (May 08), USD/JPY will
be climbing more upward.
Nikita FX (climbingfx.jugem.jp/ )
Trial 4 Failure means a mid-term trend reversal.
There are two supportive lines now:
one is ex-broadening descending upper line
second is H&S neckline.
If it will break through minor-triangle cross point:119.90 (May 08), USD/JPY will
be climbing more upward.
Nikita FX (climbingfx.jugem.jp/ )