Greetings Forexia Family, Lets break down the analysis on USDJPY. As you can see from the price that the pair has overall downtrend, However, pair has formed and uptrend in the previous Friday and Sunday/Monday, while it got broke and tested obvious support zone where lots of traders hop on to buy the pair. I believe the pair has more potentials to go down.
Please use analysis as a guide tool for your trading.
