Open trading account 
Yesterday, I decided to enter a short position on USD\JPY, even though it seems that everyone expects it to go up. But it looks like dollar is posing its latest rally.
On the 4 hour chart we can see a head and shoulders pattern developing while the daily chart clearly shows a reversal. The nearest resistance is 123.50 but I think it might go down to 121.50 level.
On the 4 hour chart we can see a head and shoulders pattern developing while the daily chart clearly shows a reversal. The nearest resistance is 123.50 but I think it might go down to 121.50 level.
