USDJPY looking for a sell

19 ביוני 2023

we can see that the pair has reached an overall strong resistance zone if you zoomed in on the daily time frame. And we can see the same on the 1-hour time frame as well. The price is also showing a divergence of the price which may suggest a weakness in the bullish movement and we will be looking for a sell below the highlighted square area.
BE CAREFUL of the June 22 major news on the JPY. Best of luck.


Trade safely.