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USD/JPY Break or Bounce?

U.S. Dollar / Japanese Yen (FX:USDJPY)  
ThinkingAntsOk  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis USD jpy USDJPY LONG Bearish Patterns short Bullish Patterns analysis setup
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trendanalysis supportandresistance mtfa usd jpy usdjpy long bearish short bullish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price is facing the Support Zone that has been tested multiple times.
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🔸We are waiting patiently here for a confirmation before considering a trade on this pair.
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🔸In case of the Bullish Scenario, we are waiting for a clear rejection at the zone and then for a bullish corrective structure on a lower timeframe. The target is the Resistance Zone.
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🔸And, for the Bearish Scenario, we are waiting for a breakout to the downside and for a bearish corrective structure. The target is the Support Zone.
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