USDJPY potential downtrend?

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY could potentially start a downtrend shall prices able to close below the red trendline.

Potential downtrend targets will be 110.800 or even 109.600. However this downtrend analysis is negated if prices broke above the green trendline.

This because a close above the green trendline will spark an uptrend towards the 114.500 or even 115.600 levels.

So as traders, always plan your trade and trade the triggered plan.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out