USDJPY: Very Bearish Outlook 🇺🇸🇯🇵

Short

U.S. Dollar / Japanese Yen (OANDA:USDJPY)

Updated

OANDA:USDJPY U.S. Dollar / Japanese Yen

Double Top or Bottom Support and Resistance Supply and Demand Forex USDJPY DJ FXCM Index dollar USD trading Technical Analysis

doubletoporbottom supportandresistance supplyanddemand forex usdjpy usdollar dollar usd trading technicalanalysis

snapshot

After a long-lasting consolidation, USDJPY leaves a lot of bearish clues:
the price formed a triple top pattern and broke its horizontal neckline to the downside.

I believe that the pair may go lower now.

Next support - 127.6

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Comment:

Check my new idea on SPY:

S&P500 Index (SPY) Will We Drop Lower? 📈

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about SPX500 24

about AUDUSD 17

about XAUUSD 22

about US30 7

about AUDUSD 12

about XAGUSD 5

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.