Apr 21, 2025
Trade ideas
USDJPY, Weekly
In the Weekly timeframe, USDJPY formed a head-and-shoulders pattern after a long sideways move. The price fell to the neckline, and the AO confirms the growing bearish sentiment.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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