#USDJPY Price is trading nearby the 1hr Resistance Area zone and waiting for any bearish candlestick formation and it will move to the next level support area
Why we like it:
Price Trading nearby in the 1hr resistance area
moving to the next support area
waiting for bearish candlestick confirmation
1st support:
109.212
Next Zone area & horizontal swing Low support
2nd support:
108.981
Next Zone area & horizontal swing Low support
1st Resistance
109.810
Zone area & horizontal swing high resistance
Why we like it:
Price Trading nearby in the 1hr resistance area
moving to the next support area
waiting for bearish candlestick confirmation
1st support:
109.212
Next Zone area & horizontal swing Low support
2nd support:
108.981
Next Zone area & horizontal swing Low support
1st Resistance
109.810
Zone area & horizontal swing high resistance