USDJPY rejected from supply zone at level 110.14
Pair is forming head and shoulder pattern on H4 frame
MACD shows bearish momentum
RSI is in downtrend
we r waiting price for breaking neckline at level 109.66 and support level at 109.60 to open short trade
First target will be at key level around 108.35
Second target will be at demand zone at level 107.77
Pair is forming head and shoulder pattern on H4 frame
MACD shows bearish momentum
RSI is in downtrend
we r waiting price for breaking neckline at level 109.66 and support level at 109.60 to open short trade
First target will be at key level around 108.35
Second target will be at demand zone at level 107.77