NJONGO_1
Short

USDJPY ON 1 HOUR TIME FRAME

FX:USDJPY   U.S. Dollar / Japanese Yen
The pair has found the Bulls after topping out at 114.000.

the pair found support at 112.000 after the drastic decrease in price.

the United States Treasury Bond Yields which offset Bond Yields gave to the Bulls which have now see the pair Resist at 113.000.

there has been lateral movement throughout but the pair resumes the Bearish Movement.

awaiting a trendline break and short targeting 112.500. the pair is overbought and the momentum is decreasing in favour of the bears

Take Care!

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