USDJPY come back to support

2021年2月4日

Since April last year, the price has been in a downtrend.
After the price touched the 102.906 support line, it rallied strongly.
During the growth, the price was able to break through the support line.

This is a strong line of support.
It has existed since April 2020.
During all this time, there was a breakdown of the line. It happened last week at 104.186.
After the breakout, the price rose to the resistance zone.
The first contact with the zone occurred in July 2020. I expect the price to fall.
It will return to strong support.
The target is 103.895.

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