FXCM

USDJPY is facing bearish pressure | 14 Sep 2020

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Price is facing bearish pressure where we could see a reversal below this level.
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Comments

why is this bearish pressure ? it has bounced off support at 105.300 twice and formed a double bottom on the daily chart
Reply
FXCM Silverfox55
@Silverfox55, because price is still holding below the larger time frame trend line, you can check out our video explanation here:
+1 Reply
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