USDJPY showing a reverse head and shoulders pattern after reaching a major
fibonacci level of support. Since the low established where the head is, a higher
low has formed what could be thought as a right shoulder. Watch for further
upside as the yen pairs start to respect this higher low.
fibonacci level of support. Since the low established where the head is, a higher
low has formed what could be thought as a right shoulder. Watch for further
upside as the yen pairs start to respect this higher low.