USD/JPY Downtrend Continuation by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸 Price broke the Ascending Trendline and was consolidating for the last weeks.
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🔸 It has broken the Support Zone at 107.00.
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🔸 It has potential to reach the Support Zone at 105.500.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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🔸 Price broke the Ascending Trendline and was consolidating for the last weeks.
.
🔸 It has broken the Support Zone at 107.00.
.
🔸 It has potential to reach the Support Zone at 105.500.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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