The USDJPY pair has a significant falling figure. At the end of the support area, the market shows a change in character, indicating a continued bearish trend. However, the order block is valid for a potential reversal. At that point, taking a one-sided position is highly possible. The dollor, which has plunged this week, may drop further while stocks market are supported - as is currently the case - but it could surge if they drop.
This chart is just for educational purpose.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.