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USD/JPY Daily Analysis

U.S. Dollar / Japanese Yen (FX:USDJPY)  
ThinkingAntsOk  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis USD jpy USDJPY LONG short Bullish Patterns Bearish Patterns analysis setup
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trendanalysis supportandresistance mtfa usd jpy usdjpy long short bullish bearish analysis setup
🔸DAILY CHART EXPLANATION:
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🔸Price is facing a Support Zone that has been tested multiple times.
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🔸Bullish Scenario: In case of a bounce, the potential target of the movement is the Resistance Zone.
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🔸Bearish Scenario: In case of a break of the Support Zone, we may see a strong sell towards the next Support at 101.500.
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🔸 Will look for a lower timeframe setup.
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