USDJPY consolidating into a drop?
On the H4 chart, we are looking at a very strong resistance level at 113.66. It has been a level which the pair failed to rally beyond for the past 2 trading days. With a head and shoulder pattern forming on the H1 chart as of this writing, we are confident to be short on this pair with a TP at 111.85, and SL above the head of this setup, at 113.69
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