The USD\JPY is facing a Asymmetric Triangle pattern at the 15-minutes chart. Pattern is strong as Support has been tested for 7 times. We would expect price to break down the Support level and reach its target which is approximately 94.30.
Wait for price to break out, and enter short trade at pullback to the Support level. Target is 50 pips from pullback zone.
Source
http://www.chartsecret.com/content/daily-usdjpy-analysis
Wait for price to break out, and enter short trade at pullback to the Support level. Target is 50 pips from pullback zone.
Source
http://www.chartsecret.com/content/daily-usdjpy-analysis
