USD/JPY, possible reverse H&S!?

usd-jpy 18.12.

USD/JPY has erased complete loss from December 15./16. fall. At this moments the pair has aproached at resistance area 119.00/50 and if it fails to brake that resistance, we have a possible reverse (inverse) head and shoulder formation!? Wach carefully this ‘neckline level’. If that level brakes, fureder gain and new hights toward 121/122 are possible.

Advertisements

2 comments

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s