USDJPY cannot hold above 109 today which is ann important level in the short term. The 1-hour chart is showing us that it could be a bullish flag formation
The levels we must watch in mind are the following: 106.937, 108.168, 108.585 - 109.250, 110.193, 111.668
Note: This would be in the event that the ascending channel is broken
What do we have here?
✔️ Bull Flag Formation
✔️ USDJPY- Failed at Resistance Level
Thank you, Connor,
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The levels we must watch in mind are the following: 106.937, 108.168, 108.585 - 109.250, 110.193, 111.668
Note: This would be in the event that the ascending channel is broken
What do we have here?
✔️ Bull Flag Formation
✔️ USDJPY- Failed at Resistance Level
Thank you, Connor,
Please feel free to follow me to get more analysis. On Tradingview I share 1hr, 4hr, 1D, 1W charting analysis across major instruments only. For more short term analysis and trading ideas please subscribe to The Margin Call.
