Hello and welcome to my Trade Idea of the currency pair USD/JPY.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish. As well there are huge bearish candles in the past.
Weekly: We see on the weekly timeframe a pullback to the trendline. I think that the trendline will hold. Overall is the trend bearish.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is bearish. As well there are huge bearish candles in the past.
Weekly: We see on the weekly timeframe a pullback to the trendline. I think that the trendline will hold. Overall is the trend bearish.
Have a nice day.