This pair has an interesting set up, the price is on a downtrend for the past weeks, making Lower Highs and Lower Lows, right now the price is on a converging bear zone with a strong daily resistance, a .50 FIB level, the descending trend line. To enter a trade, we will wait to see a bearish candle or chart pattern on a lower timeframe.

If you want complete analysis and quality signals contact us on
Telegram: FedericoGallo - @Mr.Flawlezz
Instagram: Forex_Society
Chart PatternsTechnical Indicatorsmulti-timeframeTrend AnalysisUSDUSDJPYusdjpyanalysisusdjpyshort

Disclaimer