USDJPY SELL: Weekly, Daily & 4hr, Multiple timeframe analysis

Short

U.S. Dollar / Japanese Yen (FX:USDJPY)

FX:USDJPY U.S. Dollar / Japanese Yen

Trend Analysis Harmonic Patterns Chart Patterns USDJPY Forex

trendanalysis harmonicpatterns chartpattern usdjpy forex

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USDJPY THESIS

- USDJPY W: Price found support at 109.80 with huge wick rejection after a break of 110.90. Bias overall bearish.

- USDJPY D: There has been a daily break of weekly & daily level 109.70. Now expect a fall down to 108.60.

- USDJPY 4hr: After break of 109.70 now looking for a pull back into level for retest then a sell off on the cards to 108.60.

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