USDJPY : Downtrend Expected To Persist

USDJPY has been in the downtrend since the start of 2017. The price is currently trading in a downtrend channel highlighted in purple.

Lazy Strength Indicator still indicates a strong downtrend on Daily chart.

I will continue to look for SHORT OPPORTUNITIES on hourly chart using the Lazy Trend Strategy.

Area to monitor: 107-108 Zone (Red Rectangle)
There might some support around this area.