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USDJPY: Pullback From Key Level
U.S. Dollar / Japanese Yen
Short
USDJPY: Pullback From Key Level
By linofx1
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yesterday
2
yesterday
📉 The USDJPY appears to be overbought following yesterday's bullish movement.
The price might pull back from the highlighted blue daily resistance, potentially reaching at least the 156.48 level.
Additionally, I spotted a double top pattern on the hourly chart, which serves as confirmation.
Double Top or Bottom
Supply and Demand
Support and Resistance
linofx1
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