![USDJPY Chart Technical Outlook](https://tradingtwist.com/wp-content/uploads/2023/08/USDJPY-Chart-Technical-Outlook.jpeg)
USDJPY Chart Technical Outlook will complete a bearish butterfly formation at 146.06. The pattern must be completed.
If the pattern completes before the FOMC you have two choices:
- wait for a confirmation and sell off to the downside before joining the bearish trend
- execute a trade at the completion of the pattern
Both trade ideas would result in placing a stop above the swing high and trying to trade the trend lower.