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USDJPY WEEKLY OUTLOOK
U.S. Dollar / Japanese Yen
Short
USDJPY WEEKLY OUTLOOK
By DennisDims
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May 22, 2022
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May 22, 2022
USDJPY formed a good reversal pattern (h&s) and last week dropped to the neckline of the right shoulder.
I'm expecting the price to gather bearish momentum this week to break the neckline and head towards the monthly support at 124.4.
breakout
Chart Patterns
DennisDims
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