MinhDucPham

USDJPY further decline in the future ?

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
As can be seen, USDJPY has formed the lower low yesterday. 112.00 level used to be a huge level of support, now I expect it to be tested again and act as a new level of resistance. I will wait for the price action around 112.00 and the break below counter trendline on lower time frame to actually execute the trade.

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