USD/JPY – Retesting H + S Neckline? Incoming drop?…

USD/JPY – Retesting H + S Neckline? Incoming drop?…



USD/JPY             may be attempting to retest the neckline of the H + S Bearish pattern recently broken to the downside
– This level is found @ ~ 113.63
– If this level was broken this would invalidate the H + S pattern break and may lead to further bullish momentum due to the strong dollar
– Watch for rejection candlestick/pinbar at this level, as well as a clear move lower to confirm further bearish price action

THIS IS NOT TRADE ADVICE NOR A TRADE CALL

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