USDJPY 24/06/2019
Today's USDJPY is still moving under bearish pressure on the H1 chart. For the USDJPY trading strategy based on forex technical analysis today we can look for sell signal confirmation if there is a correction to the area of 107,669. The target potential is up to the range of 107,431 - 107,047.
Be careful if the price breaks above 107,669 because it will potentially frustrate this bearish scenario.
A break above 107.669 potentially will be followed by an upward movement to the area of 107.861 - 108.053 or it can be said that the inverse head pattern & shoulders are confirmed. So before opening a buy position make sure the price has actually broken above that level.