USD/JPY Price Rising Above 134 Within the Bearish Flag Pattern
The USD/JPY pair could drop anytime if it stays under the downtrend line. Activating the flag pattern may announce a new downside movement. Yen Futures’ drop forced the Yen to depreciate. The USD/JPY price rallied in the short term, trying to recover after its recent strong bearish momentum. The pair is trading at 134.01, below … Continued The post USD/JPY Price Rising Above 134 Within the Bearish Flag Pattern appeared first on Forex Crunch.
The USD/JPY pair could drop anytime if it stays under the downtrend line. Activating the flag pattern may announce a new downside movement. Yen Futures’ drop forced the Yen to depreciate. The USD/JPY price rallied in the short term, trying to recover after its recent strong bearish momentum. The pair is trading at 134.01, below … Continued
The post USD/JPY Price Rising Above 134 Within the Bearish Flag Pattern appeared first on Forex Crunch.
