USDJPY

πŸ’‘The chart shows technical analysis of the USD/JPY currency pair on the H4 time frame. Broken Structure: After several tests of the support area, the price clearly broke the structure and support. This indicates a change in trend and possibly the beginning of a downtrend. After breaking the support area, the price may move down. A retest of the broken area can occur before subsidence resumes.
MACD indicator It shows a decrease in momentum over time, which supports the idea of a weak uptrend before breaking support.

β›”It is not investment advice for educational purposes only.

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