109.5 tested once again

FX:USDJPY   U.S. Dollar / Japanese Yen
I already spoke about 109.5 being a weekly bearish reversal zone and now the $USDJPY             is testing it once again.
Hourly structure and 78.6 Fib reversal level.
As long as this level holds as resistance, you get good entry to a weekly reversal zone with about 30 pips stop loss.
Sounds good to me
Close below 109.3 will be a good confirmation sign
With the range of those bars and volume spent, I'd say it'll keep going up.
Maybe, but the important thing is the daily close
IvanLabrie themarketzone
Yes, it's shakey ground. Unlike eur or cad vs usd.
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