I detected a supply zone on the 5-minute chart that seems to be solid with more sellers than buyers. If the price crosses above 112.872, then I believe it will come down for a potential 2:1 reward/risk. But, it has to break below the zone between 112.791 and 112.776 for the risk/reward to be possible.
5min5minuteSELLSupply and DemandsupplylevelSupply ZoneUSDJPYusdjpyanalysisusdjpyshort
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