SGDJPY has been trading in a trading range between 74.5 and 76 since mid-April.
It looks like it has created a massive inverse head and shoulders inside the range that completed last Friday.
The target of the head and shoulder is around 78 but there are few resistant zones along the way that might pause or stop the price from reaching the price target.
Those levels are good to take some profit off or hedge your long trade if you want to swing trade this setup. (I'm going to analyze the price action around those levels if and when the price gets there.)
Considering the general weakness of JPY, I believe there is a good chance for this setup to work out and hit some of the targets.