USDJPY reached supply zone at level 109.98
Price is below HVN at level 109.96 which indicates that pair is in distribution phase
MACD shows weakness in bullish momentum
RSI broke uptrend
We r waiting to break uptrendline and support level at 109.60 to open short trade to target first key level at 109.20 then demand zone at level 108.34
Price is below HVN at level 109.96 which indicates that pair is in distribution phase
MACD shows weakness in bullish momentum
RSI broke uptrend
We r waiting to break uptrendline and support level at 109.60 to open short trade to target first key level at 109.20 then demand zone at level 108.34