pbfilogo

USDJPY : Weekly Outlook

Weekly Chart : Double Top Pattern , Waiting for breakout neckline to confirm.

Plan A : Breakout Neckline

  1. Breakout Range Target  114.97
  2. Next key support level 115.50

Plan B : Retest Neckline

  1. wait for reversal pattern at neckline

 

USDJPYDaily USDJPYDaily2 USDJPYWeekly

Warning:  Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.