USDJPY Could Bounce Off 120.00 Zone

Discussion in 'Technical Analysis' started by Kaitlin, Oct 12, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    USDJPY is showing inverted head and shoulders pattern variant on H1 chart and we can see that 120.00-10 is rejecting the price. POC comes exactly in the 120.00-10 zone L3, trend line ,DPP and sustained momentum above the zone will target 120.50 and 121.60. Additionally the head[​IMG]

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