USDJPY ---- Hinting at a possible pattern in play on the weekly
Diamond formation -- Possible indication of counter trend possibly to set up..
While the JPY has definitely benefited from the dovish stance by BOJ - the falling stock aided in the recovery as well. While Stocks can possibly fallout more it be interesting to see if USDJPY likes to carry further on the strength or is it time to start measuring; if the possible reversal can kick in.
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USDJPY Daily -
Like to know what others are thinking...