USD/JPY Under Pressure! SELL!

18 ביוני 2023

My dear friends,
I analysed this chart on USD/JPY, and concluded the following:
The asset is approaching an important pivot point 141.841
Bias - Bearish

Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 140.217

About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK