One currency pair that would take advantage of this reverse in trend is USDJPY .
MONTHLY: Possibly a very large reverse pattern. The most important factor here is that levels close to November 2017 Marabuzo level at 109.63 continue to attract buyers.
WEEKLY: Looks to be in a large triangle formation. The trend of higher lows (support) is seen at 110.00
DAILY: Holding within a formation. The move to the downside is mixed and volatile, common in corrective patterns. has posted an 8 count on the . Correction counts start at 9 so there is scope for further mild selling. We have a 61.8% pullback level at 110.15. Setting longs at this level with a stop outside the aforementioned triangle base offers a solid risk/reward trade.