U.S. Dollar / Japanese Yen

USD JPY Bearish

Updated

Overall Bearish depending on how prices react to resistance

Note

Well
So far everything's happened exactly as expected. If the current support line is surpassed (Which I think is more likely), expect prices to drop quite a bit.

Note

There was another bullish rally, which ended exactly where I drew the Supply box and then prices dropped to the drawn Demand area

Note

Boom
The power of supply and demand.

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