Expect downtrend continuation in USDJPY daily chart
Sold USDJPY at 110.50 with a 30 pip stop loss and target profit of 240 pips.
110.50 looks like a strong resistance level.
Stochastic crossover on 1h chart confirms bearish price action.
110.50 looks like a strong resistance level.
Stochastic crossover on 1h chart confirms bearish price action.