FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
We are seeing the breakout of ascending trend line from March 20 Low technically if we can get a retest of the recent support turn resistance it will give a good confluence to look for a short trade.

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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Comments

great analysis how did you come up with support level ?
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I agree I see a pullback until 104/105, here is my analysis
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Yeah, I agree with you, I actually took a little more risk because I went short since the top of the wedge.
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alexlqi alexlqi
I also think that it's only a pull back for the main trend as it's forming wave 4
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good idea))
look my
Reply
alexlqi Lingrid
@Lingrid, why do you think it will go all the way to that level? I mean, I know it's a support/resistance zone but there's another zone between 109.3-110.0
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very well. looks good to me. thanks for sharing.
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I agree with it.
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Confirm analysis, it's a sell
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broken trend line, looks like to sell. good work!
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