USDJPY: Peculiar Zone to Watch 🇺🇸🇯🇵

٢٣ أغسطس ٢٠٢٢

Hey traders,

USDJPY is trading around a very peculiar zone:
we see a perfect confluence between a horizontal structure resistance,
a recently broke rising trend line and a completion point of a harmonic ABCD pattern.

Moreover, analyzing 1H time frame, I spotted a double top formation with a confirmed neckline breakout.

I expect a bearish move at least to 136.78

❤️If you have any questions, please, ask me in the comment section.
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