There is a very good potential for usdjpy to drop
In the daily time frame, the price has reached its resistance
In the 4-hour time frame, the price has broken its long-term uptrend line that started on July 14, 2023.
For better confirmation, it needs to break the price of 148.900, but in this current area, it is also a good signal for a sell position to the price of 145.900.
In the 4-hour time frame, the price has broken its long-term uptrend line that started on July 14, 2023.
For better confirmation, it needs to break the price of 148.900, but in this current area, it is also a good signal for a sell position to the price of 145.900.
Trade closed: target reached