I have been doing some analysis on this pair this morning and we are back to the 1.7500 level. As you can see the zone i have drawn we have had 9 rejections to me that shows this pair is at a strong resistance level. We can also see a double top forming which we...Read More
Afternoon traders, USD/JPY is on our watchlist. Price action has formed a bullish pennant. Testing resistance we are waiting for the bullish breakout. An aggressive entry would be a buy stop above the current high once the bar has closed. A conservative approach would be when price breakouts out of the pennant (as seen in...Read More
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