Usd / Jpy Market Outlook
Context:
the upside momentum loses its steam as we break further demandlines
a potential downchannel could be drawn . price currently heads back to its broken resistance
@120.400 any bullish reaction at this level can be judged as strenght.
signs of strenght:
broken resistance
signs of weakness:
broken demandlines
the upside momentum loses its steam as we break further demandlines
a potential downchannel could be drawn . price currently heads back to its broken resistance
@120.400 any bullish reaction at this level can be judged as strenght.
signs of strenght:
broken resistance
signs of weakness:
broken demandlines
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