sidkris

Cup & Handle forming on the 1 hr USD/JPY chart

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Not the smoothest cup & handle pattern! But it appears that there is a potential handle forming on the 1 hr USD/JPY. Price target 108.80 intraday (next couple of hrs).

This is not a pattern I use much and I am not sure how well it is going to play out here, but its worth watching.

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