Invezted

Usd / Jpy Market Outlook

FX:USDJPY   U.S. Dollar/Japanese Yen
74 0 2
Context:

the upside momentum loses its steam as we break further demandlines
a potential downchannel could be drawn . price currently heads back to its broken resistance
@120.400 any bullish reaction at this level can be judged as strenght.


signs of strenght:
broken resistance

signs of weakness:
broken demandlines
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