USDJPY SELL OPPORTUNITY

6 Oca 2020

With the previous candle being a bearish engulfing this is a strong indication as to the price movements which will be observed in the coming week. The market has broken a major support area which we will now be acting as resistance. With no interference being seen on the left side price will steadily be making the move towards the downside. A good Entry opportunity would be around the minor support area with TP being set at the next major support zone. .