Get started
Official_VIFX

USD/JPY - 12/10/2020

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Official_VIFX  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Support and Resistance vifx fx monday USDJPY
2
0
trendanalysis chartpattern supportandresistance vifx fx monday usdjpy
Price seems to be topping out and we may potentially reverse. I have highlighted a trendline break and will be waiting for the momentum shift before moving forward with this analysis.

Once the new lower low has been created we will be able to trap the range and look for the exhaustion.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.