USD/JPY Eyes Potential Downside
Hello,
USDJPY has closed below the 1W pivot point (PP). If the strong 1W support at 156.892 turns into resistance, the pair could move toward the 1M pivot point (PP). If these conditions are met, a significant downside move may be on the horizon.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
USDJPY has closed below the 1W pivot point (PP). If the strong 1W support at 156.892 turns into resistance, the pair could move toward the 1M pivot point (PP). If these conditions are met, a significant downside move may be on the horizon.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
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