Hi Everyone,
After a bullish rally, USDJPY has reached a major rising trend line on the 3 days time frame. I expect the market to respect that trend line and from there a bearish movement.
Looking at the 4 hour timeframe, the price will come to support of 115.500, If we get a break here then the second goal will be 115.000
After a bullish rally, USDJPY has reached a major rising trend line on the 3 days time frame. I expect the market to respect that trend line and from there a bearish movement.
Looking at the 4 hour timeframe, the price will come to support of 115.500, If we get a break here then the second goal will be 115.000