USD/JPY Daily Analysis
🔸DAILY CHART EXPLANATION:
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🔸Price is facing a Support Zone that has been tested multiple times.
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🔸Bullish Scenario: In case of a bounce, the potential target of the movement is the Resistance Zone.
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🔸Bearish Scenario: In case of a break of the Support Zone, we may see a strong sell towards the next Support at 101.500.
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🔸 Will look for a lower timeframe setup.
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.
🔸Price is facing a Support Zone that has been tested multiple times.
.
🔸Bullish Scenario: In case of a bounce, the potential target of the movement is the Resistance Zone.
.
🔸Bearish Scenario: In case of a break of the Support Zone, we may see a strong sell towards the next Support at 101.500.
.
🔸 Will look for a lower timeframe setup.
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