Minhas0008

USDJPY TECHNICAL ANALYSIS (N)

FX:USDJPY   U.S. Dollar / Japanese Yen
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1
> Price has two valid options.
> 1 Price has formed a daily Head & Shoulders . Price will have to break the descending trend (neck) line for bullish position. | |
> 2 Price broke the ascending trendline and retested before creating RS .
> Price broke support; now turned resistance, heading towards target support 99.00. | |
> Look for candlestick , and corrective structure confirmations before entry.

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