USDJPY Analysis by @moneyandcharts

The analysis reviews Coca-Cola (KO), identifying a potential double top formation suggesting a bearish outlook with a target of $47.72. For USDJPY, a possible change in outlook is noted, shifting from a head and shoulders top on the weekly chart to a potential cup and handle pattern on the daily chart, with a textbook target of 157.42. AUDNZD is discussed, revisiting a falling wedge pattern and highlighting the potential formation of a cup and handle bottom, with a resistance point at 1.0921 and a textbook target of 1.1188. The analysis will cease coverage on the Dollar Index (DXY) following the achievement of 82% of its expected downward move. Similarly, coverage will cease on EURUSD as the head and shoulders bottom pattern has met 88% of the predicted target. Finally, the video will also cease covering the EURJPY and Gold Spot due to patterns in those that were invalidated by the price actions.