RLinda

USDJPY ! push for support. Waiting for a breakdown

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY can no longer rise. After a false breakout of resistance 131.25, the price goes into a flat phase and trades between levels 128.97 - 131.25. The price tried to go down, but a false breakdown was formed, after which there was no growth and the price fell into the lower flat between the levels of 128.97 and 127.45.

After a false breakdown of 127.45, the price does not grow, but returns to a near retest and forms a price squeeze to support. I'm waiting for a breakout and a price drop. In the short term, I'm interested in the target - 125.1 (liquidity zone)

Sincerely, R. Linda!

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