VasilyTrader

USDJPY: Strong Supply Area Ahead!

Short
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

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