UsdJpy - Failiure Of Support Hints Further Declines

Short

U.S. Dollar / Japanese Yen (FX_IDC:USDJPY)

FX_IDC:USDJPY U.S. Dollar / Japanese Yen

trendanalysis chartpattern waveanalysis usdjpy usd jpy usdjpyanalysis forex forexsignals technicalanalysis technical_analysis technicals

Last week price failed to stay above key support at 113.186 hinting further declines. A pullback and re-test of failed support turning resistance clears the way for short opportunities towards 111.719.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.