USDJPY possible sell zoneCurrency Pair : USDJPY
Possible direction : Bearish
Technical Analysis : After a strong breakdown on the daily ( strongly influenced by JPY strength) USDJPY currently forming a symmetrical triangle which may break to the downside again as this may continue to trend to the downside to test the long term order block. From higher timeframe we can see possible downward move and, therefore, this price may continue to drop after liquidity grab from short term resistance zone.
Fundamental : Silicon Valley Bank collapsed has given safe heaven JPY strong boost.
Possible trade recommendation : Bearish as per chart sketch
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