USD/JPY Outlook

FX:USDJPY   U.S. Dollar / Japanese Yen
FX:USDJPY In the H4 chart, the price has been reflected from the resistance, several times. The doji formation may signal the change of direction to bears. You should observe the price in order to be able to take the selling position. The first target will be 111.0010. At this level, we will see if the demand will react.
So far short scenario is going to full fill. Time is precious. Price reached resistance 112.17 and bounced back. Now I'm looking at 111.111 level.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out