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USDJPY: Ranging Market & Bearish Move

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Dólar Americano/Iene Japonês (OANDA:USDJPY)  
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OANDA:USDJPY   Dólar Americano/Iene Japonês
Trend Analysis Chart Patterns Wave Analysis Forex forextrading forexanalysis fx trader USDJPY learntotrade
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snapshot

USDJPY is trading within a local horizontal consolidation range on 1H.

The price is stuck between 104.1 resistance and 103.5-103.65 support.
This morning the resistance of the range was reached and on that, the price started to reverse.

With the last strong bearish hourly candle, chances are high that the price will drop.

Goal - 103.65

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