USD/JPY Nov 7th 2023

Por ForensicForex
Hello Traders!

UJ has created a swing low formation below the monthly opening price.

Studying bullish month we often see this as a turning point for higher prices.

Price also fails to break the most recent swing low and creates a higher swing low.

If yen keeps devaluing over the days and weeks DXY should be more sought after
Chart Patterns
ForensicForex

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