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Marjansadeghian

USDJPY

U.S. Dollar / Japanese Yen (FX:USDJPY)  
Marjansadeghian  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Wave Analysis Beyond Technical Analysis USDJPY usdjpyanalysis usdjpybuy usdjpysignal usdjpydaily usdjpyforecast
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trendanalysis waveanalysis beyondta usdjpy usdjpyanalysis usdjpybuy usdjpysignal usdjpydaily usdjpyforecast
As you see in 4h the ABC correction of elliott wave is over plus it has reached a support level and also we see a divergence in a downtrend RSI.
whenever it breaks its downtrend line we may have a different trend however there is a strong resistance at 108.263
.
IF price couldn’t break the resistance level , wait for it to fall and break the support level to the downside and candle closure below this level at 108.800
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