ForexTrendline

Opportunity with USDJPY

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FX_IDC:USDJPY   美元 / 日圓
Do you remember the September 14 analysis?

See D1 chart!

Now look at the current situation. It seems that the upward movement is over and a new decline will follow. A lower peak than the previous one, as well as a breach of the support zone will fully confirm this scenario.

Current entries are possible, but more risky and we will wait before entering into a trade.

In case of a breakthrough, we expect the price to reach 104.44 and 104.03

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