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Sep 14, 2020 4:53 AM
USDJPY is facing bearish pressure | 14 Sep 2020
Short
FX:USDJPY
240
U.S. Dollar/Japanese Yen
FXCM
Description
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Sep 14, 2020 4:53 AM
Price is facing bearish pressure where we could see a reversal below this level.
Trend Analysis
Harmonic Patterns
Chart Patterns
usjdpy
USD
usdjpylong
usdjpyshort
jpy
Comments
Silverfox55
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Sep 14, 2020 6:04 AM
why is this bearish pressure ? it has bounced off support at 105.300 twice and formed a double bottom on the daily chart
FXCM
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Sep 15, 2020 1:44 AM
@Silverfox55
, because price is still holding below the larger time frame trend line, you can check out our video explanation here:
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