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Oct 12, 2020 1:11 PM

USD/JPY Technical Analysis  Short

OANDA:USDJPY60
USD/JPYOANDA

Description

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The counter broke the resistance of 105.8 but was unable to sustain above it.
It has then encountered a strong sell-off and has broken a bullish trendline.
Hence, we expect the pair to be bearish in the near-term.
Trend AnalysisChart PatternsUSDJPYusdjpyshortusdjpyanalysisusdjpydailyusdjpysellusdjpyforecastusdjpyideausdjpysignalusdjpylong
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