USDJPY currently trading at a very strong resistance which has been rejected several times over the last few months.
I expect a drop on the USDJPY back to previous market structures. As indicated. It might be bearish up to the first level of market structure (112.70) and depends on what happens there, might reverse back up to the current levels, or continue further bearish as indicated (111.84)
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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.