USDJPY may go downtrend after consolidate. Small retracement may make the price bullish and hit the upper box of the consolidation zone. Price was making lowest low on 101.175, indicating selling signal for current price. Then, the price goes bull until it reach the resistance area of 111.711 to 112.257. Price then go low until it reach the support zone, making small retracement before goes consolidate. The ideas for now is that the price may continue short after hit the upper consolidation box. However, we still watching the breakout of the consolidation box, either bull or bear.
Chart PatternsTechnical IndicatorsTrend AnalysisUSDJPYusdjpyanalysisusdjpyideasusdjpyshort

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