Hi traders:
USDJPY is forming a nice sell setup here on the 1 hr chart. We can see price action had a strong break to the down side, and started to form a bearish flag pattern.
Good to short down to recent lows and 111.00 on the daily support area.
Thank you for your support and feedback.
Joe
USDJPY is forming a nice sell setup here on the 1 hr chart. We can see price action had a strong break to the down side, and started to form a bearish flag pattern.
Good to short down to recent lows and 111.00 on the daily support area.
Thank you for your support and feedback.
Joe
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Here is the daily chart:
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