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stantm23

USDJPY visiting the origin of the ending diagonal

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
stantm23  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Fundamental Analysis USDJPY usdjpyshort
2
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trendanalysis fundamental usdjpy usdjpyshort
In line with weakening DXY we might see an end to the bull run (from covid low) of USDJPY with an ending diagonal where we will visit the base of the origin of the diagonal. A head and shoulder is also forming in progress to signify the weakening of the price structure to the down side.
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