USDJPY-1 hour Chart analysis
USDJPY is still in its downtrend area but i see price action showing strong reversals on very strong level, supply area. The price has dipped in once and started moving higher. but there is still 3 levels of Fibonacci resistance (which are shown in red) to prove further long term bullish movement.
The candle at 4/2 20:00 EST time is the indecision candle and after that strong bullish movement. which indicating there will be strong bullish movement on short term
The candle at 4/2 20:00 EST time is the indecision candle and after that strong bullish movement. which indicating there will be strong bullish movement on short term
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