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USDJPY: Important Supply Zone Ahead 🇺🇸🇯🇵
U.S. Dollar / Japanese Yen
Short
USDJPY: Important Supply Zone Ahead 🇺🇸🇯🇵
By VasilyTrader
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Aug 7
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Aug 7
https://www.tradingview.com/x/wAsR3X4f/
With a recent selloff, USDJPY violated 2 significant structures:
a major rising trend line and a key horizontal support on a daily.
The broken structures compose an expanding supply zone now.
I think that the market can initiate a bearish movement from that.
With a high probability, a fall will continue and the pair will reach 142.0 level.
❤️Please, support my work with like, thank you!❤️
Forex
forexsignals
forextrader
forextrading
Supply and Demand
Support and Resistance
Technical Analysis
trading
Trend Lines
USDJPY
VasilyTrader
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