1HR TF
Initially expecting Price to come and test the 1HR OB + maybe lower into the 0.618, 0.705 Fib Levels
Target 1: 1.22760 (S/R at 1.22880)
Target 2: 1.23700
Target 3: 1.24700 (S/R at 1.24040)
If the Dollar Index is looking Bearish then I'm expecting USDJPY to go continue going lower, unless there are sign's of reversal on the way, e.g. if this Daily (Pink) Block doesn't get broken to the downside.
Weekly - Long-term Bearish Bias:
Long Term expecting price to reach these lows (marked out):
1)109.116
2)108.803
3)108.541
4)108.131
5)107.320
Invalidated if 115.617 level gets taken & Price closes above this level.
Long-term Bearish Bias - Daily : Long Term expecting price to reach these lows (marked out): 1)109.116 2)108.803 3)108.541 4)108.131 5)107.320 Invalidated if 114.513 level gets taken & Price closes above this level.
