VasilyPonomarev
Short

USDJPY: Strong Supply Area Ahead!

FX:USDJPY   U.S. Dollar / Japanese Yen

hey guys,

USDJPY is approaching a major resistance cluster.
it is based on a horizontal daily structure and a falling trend line based on daily lower highs.

because the current trend is bearish , chances will be high that we will see a trend continuation from that zone.
look for confirmation and short opportunities within that on a lower time frame.

goals:
104.75
104.2

Comments

Do you agree?
will usdjpy drop?
+2 Reply
Fisher_Fx VasilyPonomarev
@VasilyPonomarev, same view!
Reply
@Fisher_Fx, nice bro!!!
Reply
nice chart 🦐
Reply
nice setup bro!perfect analysis!
Reply
@Nibiru7, thank you brother!!!
Reply
good analysis. keep up the excellent work
Reply
@PolarHusk, thanks a lot my friend☺️
Reply
Looks good, right at the 61.8%... looking to see what happens
Reply
VasilyPonomarev Chansadee01
@Chansadee01, thank you 😊
Reply
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