USDJPY: The Pair May Drop! Here is Why 🇺🇸🇯🇵

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Dolar A.S. / Yen Jepun (OANDA:USDJPY)

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OANDA:USDJPY Dolar A.S. / Yen Jepun

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Even though USDJPY is trading in a bullish trend, the pair did not manage to break a previous high 116.35 and
set an equal high instead.

Then the market broke and closed below a support line of a rising channel.

It looks like the pair may drop at least to 114.25 level with a potential continuation to 113.6.

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