MountOlympusFx

USDJPY SELL: Weekly, Daily & 4hr, Multiple timeframe analysis

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FX:USDJPY   美元/日元


USDJPY THESIS

- USDJPY W: Price found support at 109.80 with huge wick rejection after a break of 110.90. Bias overall bearish.

- USDJPY D: There has been a daily break of weekly & daily level 109.70. Now expect a fall down to 108.60.

- USDJPY 4hr: After break of 109.70 now looking for a pull back into level for retest then a sell off on the cards to 108.60.
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