DeGRAM

⚠️ USDJPY bounces off support / Growth

Long
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
As I said last time, after the breakout and consolidation at the 108.46 support, the price rose to the resistance of 110.42.
After a false breakout of the line (December 2014), the price began to fall.
And continues to fall at the moment.
The price made a breakout of the 2014 resistance - 110.33.
Then she began to fall from this line.
I expect the price to first touch the support (Aug 2019) 108.60.
Then a new rise to resistance will start.
The target is 110.18.

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