USDJPY - Bearish price action

Updated
On USDJPY, we are on a bearish trend which indicates sellers existence in the market. Price is currently retracing to a resistance level correctively in a channel which was a support at 138.00. We will look for shorts once the channel breaks with some sellers momentum
Trade active
Trade closed: target reached
Chart PatternsForexforexsignalsmarketstructurepatternsSELLsignalssupportSupport and ResistanceTrend AnalysisUSDJPY

Also on:

Disclaimer