USDJPY: Strong Supply Area Ahead!

snapshot

hey guys,

USDJPY is approaching a major resistance cluster.
it is based on a horizontal daily structure and a falling trend line based on daily lower highs.

because the current trend is bearish, chances will be high that we will see a trend continuation from that zone.
look for confirmation and short opportunities within that on a lower time frame.

goals:
104.75
104.2
Chart PatternsdollarforecastjapaneseyenjpySupply and DemandTrend AnalysisUSDUSDJPYDJ FXCM IndexUSD (US Dollar)yen

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Also on:

Related publications

Disclaimer