Mrsam36

Usdjpy do anything but downfall read the caption

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FX:USDJPY   Dólar Americano/Iene Japonês
On the 4 hour chart, we can see that the price recently broke out of the trendline that was defining the uptrend since the 146.50 level. We can also notice that we had a double top at the resistance level, but the price will need to break below the neckline at 150.36 to confirm it. This recent breakout should point to at least a pullback into the neckline, but the consolidation skewed the picture,

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