Invezted

Usd/Jpy Market Outlook

FX:USDJPY   U.S. Dollar / Japanese Yen
65 0 2
Context.

we have forem a wide downchannel within the range of this pair, where price currently sits
at the overbought condition , we allreayd broke a demandline indicating a change in behaviour
a breaj of this level to the downside will result in a test of the mean of the range @119.5
a breakoutto the upside will lead us to the resistance of the range @120.400

signs of strenght:
rallie on increased momentum

signs of weakness:
downchannel
broken demandline
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