USDJPY - Bagging the Retracement

USDJPY has been on a nice uptrend for a while. Now that it has broken structure on H1 and made an engulfing on H4, we can start to see the pair make its correction.

If the pair can closed below the daily resistance, we can see the pair continue down for some time.
Trend Analysis

Pernyataan Penyangkalan