USDJPY: Important Supply Zone Ahead ๐บ๐ธ๐ฏ๐ต
https://www.tradingview.com/x/wAsR3X4f/
With a recent selloff, USDJPY violated 2 significant structures:
a major rising trend line and a key horizontal support on a daily.
The broken structures compose an expanding supply zone now.
I think that the market can initiate a bearish movement from that.
With a high probability, a fall will continue and the pair will reach 142.0 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
With a recent selloff, USDJPY violated 2 significant structures:
a major rising trend line and a key horizontal support on a daily.
The broken structures compose an expanding supply zone now.
I think that the market can initiate a bearish movement from that.
With a high probability, a fall will continue and the pair will reach 142.0 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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