Possible moves of USDJPY
Updated
The price probably will struggling to brake the resistance line (105.5-106), but most possible variant in my view, it will go through.
Of course we could see 103 or even 100, but not in the next few months.
Of course we could see 103 or even 100, but not in the next few months.
Note
We are reaching downtrend line. If it will broken (and retested) we are probably will open a long trade with target 108.2Note
Downtrend line has been tested. Also we have a massive resistance (support) at 106.2. If it will be broken, we will consider a long trade. Let's see what happens next.
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