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FXAristocrat

USDJPY (probably) heading back to the 109.250 area

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
FXAristocrat  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Volume USD jpy USDJPY Supply Zone Demand Zone
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trendanalysis chartpattern volumestudies usd jpy usdjpy supplyzone demandzone
1. Ranging market (bearish momentum).
2. Market is testing a horizontal resistance level around the 109.750 area.
3. Market is testing a (Swap) Supply zone that was tested twice before.
4. Price action illustrating the rejection of higher prices.
5. Increase in Volume -> Extensive selling.
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