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Technical Analysis for (USDJPY) 5 December 2023

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
Algo0UAE  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY algo Technical Analysis
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trendanalysis usdjpy algo technicalanalysis
Technical Analysis for USD/JPY - December 5, 2023

Trend: Down

Details: The market is currently bearish; the trend has shifted to a downward trajectory, and prices are gradually approaching the nearest support zone at levels 144.83 to 143.43. Once prices reach this zone, we can consider the possibility of a reversal and an upward movement again.
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