USD/JPY Forecast. Forex Analysis

jy-l64 hour

The USD/JPY broke below the strong support zone (dotted green). The break below this support zone invalidates the previous wave pattern and indicates a bearish continuation within wave B (red).

1 hour

The USD/JPY could pullback to the broken support (dotted green) and use the same levels as potential resistance.

4 hour

1 hour

Origin: Admiral Markets

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