📈USDJPY responded well to the highlighted intraday support zone on a 4H timeframe.
The price formed a double bottom pattern on that and violated its horizontal neckline.
There's a strong likelihood that the price will continue to rise and hit the 146.00 resistance level.
The price formed a double bottom pattern on that and violated its horizontal neckline.
There's a strong likelihood that the price will continue to rise and hit the 146.00 resistance level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.