Dear all graduates, please be aware that Japan is having a three day holiday this week starting from Monday to Wednesday. On Thursday, Bank of England and the European Central Bank would be announcing their interest rate. Lastly, there is a bank holiday on Friday for Europe while the world awaits the latest non-farm announcement from the United Stats at 8.30pm.
For the USDJPY currency pair, we have identified and are eagerly waiting for the right shoulder to form. A subsequent bearish breakout from the neckline is expect to form the Head & Shoulders chart pattern.
As always, plan the trade and trade safely.