USDJPY is entering important resistance zone

Atualizado
USDJPY has been moving in a clearly defined descending channel since September 2020.

Now the price has entered the resistance zone, so I expect the price to start falling in the next days, maybe after some depletion of the current bullish impulsive move.

I think it is a good opportunity to open short position with a good Risk to Reward Ratio.

Please comment below your current opinion on this pair, all ideas are welcome! :)
Trade ativo
USDJPY got rejected at the marked Resistance Zone and now it has started its downward movement.
Descending ChanneldollaryenForexParallel ChannelSupport and ResistanceTrend LinesUSDJPY

Aviso legal