USDJPY Market Outlook 2- 5 July 2018

USDJPY Market Outlook 2- 5 July 2018

The price action around the demand zone finally revealed its bullish action. Last few hours USDJPY made around 40 pips up after the it dipped on Strength 3 Demand zone (mean reversion supply demand). USDJPY jumped straight up to the first PRZ Type B of ABCD pattern at 110.700. USDJPY will take another price action around the PRZ Type B so stay tuned.

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Harmonic Pattern Plus-Price Breakout Pattern Scanner-USDJPY S501

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