trader77330
Short

USDJPY 1 hour timeframe Ichimoku analysis

FX:USDJPY   U.S. Dollar / Japanese Yen
59 4 2
If lagging span crosses senkou span a and senkou span b
and if the pair stays under the cloud
then that would be a bearish confirmation trend
103.717 has been a previously identified support then a resistance.
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USDJPY was approximatively stable and then since 2pm it began to jump up :)
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The pair is not under the cloud anymore. Bearish trend not confirmed.
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Lower timeframes consolidate a downtrend direction.
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