Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
USDJPY: Pullback From Key Level
U.S. Dollar / Japanese Yen
Short
USDJPY: Pullback From Key Level
By linofx1
Follow
Follow
Dec 20
2
Dec 20
📉 The USDJPY appears to be overbought following yesterday's bullish movement.
The price might pull back from the highlighted blue daily resistance, potentially reaching at least the 156.48 level.
Additionally, I spotted a double top pattern on the hourly chart, which serves as confirmation.
Double Top or Bottom
Supply and Demand
Support and Resistance
linofx1
Follow
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇
t.me/linofx1999
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.