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USDJPY 1hour Analysis December 10th, 2020

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Forex_League_Analysis  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
2
1
trendanalysis
Price has come back to our weekly level around 104.57. We are looking for bearish engulfing here and more continuation to the downside. Our next entries will be a break and retest of our supporting trendline. Wait for price to break below the 200MA on the 1h timeframe. We will look for a clear LH there.
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