USD/JPY bearish technical outlook for the day
This is an idea not advice
- Technical looks like it's hitting a resistance, where it's creating stagnant side way areas and barely reaching above it.
- 4hr RSI has been flat as well, and possibly looking to divert
- With current weakness of the trend momentum in hourly time frame, it will likely need to retrace, gather demand to continue it's march.
- The FVG and Demand area is looking attractive because of this.
Comment:
Momentum to the downside growing.
Comment:
Target hit.