As we discussed earlier this week, USDJPY looks very bearish.
Now we see one more bearish clue: confirmed breakout of a bearish flag pattern on hourly time frame.
With a strong rejection from its resistance, and consequence lower high, pair looks overwhelmingly bearish.
I expect a drop to lower price levels.
First goal - 103.58
P.S
The price can go even lower. Apply trailing stop to catch a major swing move.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅