USDJPY Triple Top Short

22 Şub 2018

USDJPY has failed to cross through the 107.8 for the third time now. This has resulted in a Triple top formation on the 4h chart. I'd expect the pair to range back down to the bottom of the range to 105.6 with a potential extension to the bottom of the current trend channel at 104.4

TP 1 105.6
TP 2 104.4
SL 108.0