USD/JPY Price Analysis: Bears eye a run to test deep into the 138s USDJPY Technical Analysis
As can be seen, the market is on the backside of the prior bullish trend and is starting to break down prior lows within the consolidation phase, aka, structure. the structure of interest in this example was the 139.50 mark that was recently taken out.
Zooming in, we can see that the price is heavily offered and there are prospects of a move toward the said levels.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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