USD/JPY Forms a Major Head & Shoulders Pattern as Oil Crumbles – FX Analysis

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USD/JPY was once again the main target for US Dollar bulls amid the ongoing major US-Iran War, which began on February 27 (with a positive twist in the past week and a half). Energy commodity prices have more than doubled since the imposition of ceaseless supply restrictions from Iran’s capture of the Strait of Hormuz. […]The post USD/JPY Forms a Major Head & Shoulders Pattern as Oil Crumbles – FX Analysis appeared first on ActionForex.