TheAnonymousBanker

[USDJPY] REBOUND or REVERSAL?

FX:USDJPY   U.S. Dollar / Japanese Yen
On chart clearly showed the key level for usdjpy. The market has been working perfectly right shoulder of our "Head and Shoulders", but now the price has to challenge the most important resistance around 115.40 to think of a continuation of this strong bullish movement. The yen saw a consolidation phase throughout 2016, but the bears might come with the beginning of next year .... we'll see!

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