USDJPY Hourly Bullish Flag Forming

2020년 4월 7일

USDJPY cannot hold above 109 today which is ann important level in the short term. The 1-hour chart is showing us that it could be a bullish flag formation

The levels we must watch in mind are the following: 106.937, 108.168, 108.585 - 109.250, 110.193, 111.668

Note: This would be in the event that the ascending channel is broken

What do we have here?
✔️ Bull Flag Formation
✔️ USDJPY- Failed at Resistance Level

Thank you, Connor,

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