USDJPY is entering important resistance zone

9 Oca 2021

USDJPY has been moving in a clearly defined descending channel since September 2020.

Now the price has entered the resistance zone, so I expect the price to start falling in the next days, maybe after some depletion of the current bullish impulsive move.

I think it is a good opportunity to open short position with a good Risk to Reward Ratio.

Please comment below your current opinion on this pair, all ideas are welcome! :)

13 Oca 2021

İşlem aktif

USDJPY got rejected at the marked Resistance Zone and now it has started its downward movement.