USD/JPY Forecast. Forex Analysis

usd-jpy4 hour

The USD/JPY downtrend is challenging the resistance trend line (red). A bearish bounce could indicate a continuation towards the -61.8% Fibonacci target at 110.

1 hour

The USD/JPY is testing the resistance trend line (red) of the downtrend. A bullish break could indicate a reversal and continuation of the bullish momentum.

4 hour

1 hour

Origin: Admiral Markets

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