Bearish scenario for USD/JPY after hitting supply zone
USD/JPY is currently in a supply zone as indicated in my chart. In the previous two occasions,
USD/JPY fell heavily from this level. This time, if we see some bearish candlestick patterns
forming in the Resistance level, we can expect another fall to 135 level.
This is low risk, high reward sell set-up.
USD/JPY fell heavily from this level. This time, if we see some bearish candlestick patterns
forming in the Resistance level, we can expect another fall to 135 level.
This is low risk, high reward sell set-up.