There may be a trade in place if the trendline above is broken.
A classic H&S pattern has come to fruition and if he US Dollar index progresses north then I expect USDJPY to follow for a decent break to the 111.25 - 111.5 area.
For more info, please follow me either on here, Twitter or at www.ejfxtrading.com
A classic H&S pattern has come to fruition and if he US Dollar index progresses north then I expect USDJPY to follow for a decent break to the 111.25 - 111.5 area.
For more info, please follow me either on here, Twitter or at www.ejfxtrading.com