USDJPY tumbles lower. Corrects.
The USDJPY tumbled from the "get go" in trading today falling toward the 200 hour MA and 38.2% of the move up from last weeks low. The pair has rebounded toward an early swing high on Friday and in my minds eye are seeing visions of a head and shoulder formation forming.
Forex technical analysis: Do we see a head and shoulders forming in the USDJPY?
