USD/JPY Technical analysis
The 4-hour chart of USD/JPY is currently in a downtrend making lower lows and lower highs consistently.
It is also in a descending channel and is currently trading around its resistive trendline.
Hence we expect the bears to exert selling pressure further from here.
It is also in a descending channel and is currently trading around its resistive trendline.
Hence we expect the bears to exert selling pressure further from here.
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