USD/JPY had a double top at the resistance level at 111.046 and price has rejected ever since, on the 4 hour chart price continues to push beneath the 20 EMA, and we could see the first target at 108.709.
Comment
Double top in 1 hour chart on the resistance line
Comment
Previous rejection for this price level was at May this year
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.