#USDJPY Inverted Head and Shoulder formation

As seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs.


Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront.


God bless us all!!!
Chart PatternsdollarTechnical IndicatorsTrend AnalysisUSDJPYusdjpyforecastusdjpylongusdjpyshortyenfuturesyen-long-term-trendyenpairs

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