armyhill

Technical analysis for them pips

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
This massive downtrend started April 6 and expected to hit true bottom April 16 roughly. Regardless it still has some down trend left in it with no resistance whatsoever as you can see from the support line on the right side NOT TOUCHING ANYTHING BESIDES THE TOP but the left side support from top has multiple resistance positions. However we may see the right side support line being grazed in the next 24 hours due to the pendulum effect as we see in charts daily. Well rest speaks for itself let's get back to the market ! Like and comment let's discuss theory.
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