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USD/JPY Buy, Inverted Head And Shoulder Breakout

By FOREX IN WORLDForexSep 06, 2019 02:46AM ET
www.investing.com/analysis/usdjpy-buy-inverted-head-and-shoulder-breakout-200462207
USD/JPY Buy, Inverted Head And Shoulder Breakout
By FOREX IN WORLD   |  Sep 06, 2019 02:46AM ET
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USD/JPY registered a breakout from the neckline of the inverted head and shoulder pattern on 4h chart. The prices are already close to achieving the first target of 107.274.

A hold above this level, next target will be at 108.014. On the other hand, 106.497 and 106.115 are the support levels. Either of which can be the stop loss for the trade. So choose depending upon the risk you want to take.

USD/JPY Buy, Inverted Head And Shoulder Breakout
 

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USD/JPY Buy, Inverted Head And Shoulder Breakout

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