After breaking above 105.80 short-term resistance, UsdJpy stopped its ascent in 106.10 strong resistance and finished the week under 106.00 zone putting in a nice "evening star" candles formation on our daily chart. I believe that we are in for a drop for this pair and a swing trade target can be 104.50
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.