• USD/JPY 4 hour time frame chart

Market news

21 December 2017

USD/JPY 4 hour time frame chart

Analyzing USD/JPY on 4-hour time frame chart we can see that the price is forming a chart pattern "Head and shoulders" (not yet confirm).

Therefore, if the price starts to reject more bullish movements then we can expect a new bearish movement which forms the 2nd shoulder of this pattern.



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