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USDJPY STRUCTURE ANALYSIS

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VasilyTrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis Chart Patterns forexsignals Forex trading signlas Technical Analysis forecast pattern dollar
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trendanalysis waveanalysis chartpattern forexsignals forex trading signlas technicalanalysis forecast pattern dollar
snapshot

Market is trading inside a falling parallel channel.

110.9 structure support is the first level to be focused on.
We can anticipate a minor pullback to channel's resistance line
or even bullish breakout!
110.5 is our second support.

111.4 is the first decent resistance.

Comment:
Now support 1 turned to resistance 1
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