USDJPY Cup&Handle update

14 Ağu 2020

USDJPY

Hit the like/follow button to show support my friends. This is just am update, please read the full analysis.

If you’re following along check my full analysis I’ll link it to this one, the handle is respecting the downtrend as you see it hit the 38% of the Fibonacci retracement level.

Lets see if this will aim for resistance or will give a deeper pullback.

List of my confirmations:
Price correlation is being respected: Nikkei; EURUSD; and USDCHF.
Confluence zones along: SMAs; Trendlines; Fibonacci; Pivot Standards; Candlesticks; Support and Resistance.