PEPPERSTONE:USDJPY   U.S. Dollar / Japanese Yen
Hello traders! Let's explore USDJPY, where a cup and handle pattern has formed on its daily chart. Currently, the price is trading below the breakout level at 151.928. If we observe a breakout above this level, potential targets for this pattern could be:

Targets:
- 62% at 167.294
- 79% at 171.402

Keep a close eye on the price action around these levels, as they represent significant for potential market movements. Stay tuned for further updates on USDJPY!
TCPLTP

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.