USDJPY think piece

31 Mar 2020

I have a bearish sentiment for UJ due to current market conditions. I'm waiting to see if price will retest the 108.6 level which has proven to be a strong point of resistance. The pair has corrected its lower move and has found support @ the 38.2% fib level, but I still think we'll see a move towards the 105 region in the following weeksUSDJPY