USDJPY-Weekly Market Analysis-Oct20,Wk3

18 באוק׳ 2020

Rooting for a trend reversal trade, the head and shoulders do give a potential push to the upside. When the market opens on Monday, a break and close above the red box(sell zone) indicates a strong signal on a bull run on the technical side.

Traders have to watch closely the development of the US election as any other dramatic move can affect and influence the market movement.