#USDJPY trading the resistance area it's possible to sell
#USDJPY Price trading nearby the 4hr resistance area and waiting for any bearish candlesticks formed it will take entry for below the bearish candlestick and it will go for the next level of the support area
Why we like it:
Price is trading nearby 4hr resistance area
waiting for bearish candlesticks formed
possible to move next support area
1st support:
113.125
Next Zone area & horizontal swing Low support
1st Resistance
114.609
Zone area & horizontal swing high resistance
Why we like it:
Price is trading nearby 4hr resistance area
waiting for bearish candlesticks formed
possible to move next support area
1st support:
113.125
Next Zone area & horizontal swing Low support
1st Resistance
114.609
Zone area & horizontal swing high resistance
Disclaimer
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.