Invezted

Usd/Jpy Market outlook

FX:USDJPY   U.S. Dollar / Japanese Yen
23 0 1
Context:

price continous to stayy within its range of (118.600 / 120.400),
we just recently tested 120,140 again, and price rejected there creating a double top , and broke a demandline
we currently retest the recent high respectively 120.140, any lower high may cause a further
down move till 119.630

signs of strength:
support holds
rejection of fomrer broken resistance

signs of weakness:
resistance still holds
rejection of fromer MP            
broken demadnline
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