USDJPY 1HR: bearish Moving averages showed price is currently bearish creating new LHs breaking the 4HR/1HR zones. Price is moving inside a bearish channel creating new LHs and LLs while being rejected from reaching up/resistance. price may stop after retesting the previous LL just a tad move from reaching 0.618 fib level . The previous LL was also located in a bullish OB from earlier today. Once it reaches previous bullish OB area, price may push up to retest previous zones.
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