After sweeping liquidity and reacting off a weekly FVG zone, USD/JPY is showing signs of weakness. Price is currently respecting a trendline, but structure looks heavy with bearish pressure building.
A break below the trendline could confirm a deeper correction.
📉 TP1: 143.481
📉 TP2: 141.963
📌 (Not financial advice)
#USDJPY #Forex #TechnicalAnalysis #PriceAction #LiquiditySweep #TrendlineBreak #JPY #DollarYen #FXTrading #SmartMoneyConcepts
A break below the trendline could confirm a deeper correction.
📉 TP1: 143.481
📉 TP2: 141.963
📌 (Not financial advice)
#USDJPY #Forex #TechnicalAnalysis #PriceAction #LiquiditySweep #TrendlineBreak #JPY #DollarYen #FXTrading #SmartMoneyConcepts
Disclaimer
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.
Disclaimer
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.