#USDJPY Price trading in 4hr resistance area and waiting for retracement and any bearish candlesticks formed its will take entry for below the bearish candlestick and its will go for the next level of support area
Why we like it:
Price is trading the 4hr resistance area
waiting for bearish candlesticks formed
waiting for trendline breakout
possible to move next support area
1st support:
113.350
Next Zone area & horizontal swing Low support
2nd support:
112.450
Next Zone area & horizontal swing Low support
1st Resistance
114.850
Zone area & horizontal swing high resistance
Why we like it:
Price is trading the 4hr resistance area
waiting for bearish candlesticks formed
waiting for trendline breakout
possible to move next support area
1st support:
113.350
Next Zone area & horizontal swing Low support
2nd support:
112.450
Next Zone area & horizontal swing Low support
1st Resistance
114.850
Zone area & horizontal swing high resistance