USDJPY left resistance zone / Falls
In the spring of 2020, the price fell into a descending channel, in which it continues to move now.
As usual, in the middle of the channel, support-resistance zones are periodically formed, which correct the price movement between the lines.
The price is in one of these zones right now.
In this case, it acts as a resistance zone. 104.221.
The zone corrected the price drop to the support line.
But now the downward trend will continue.
I expect the price to fall to support 102.817.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
As usual, in the middle of the channel, support-resistance zones are periodically formed, which correct the price movement between the lines.
The price is in one of these zones right now.
In this case, it acts as a resistance zone. 104.221.
The zone corrected the price drop to the support line.
But now the downward trend will continue.
I expect the price to fall to support 102.817.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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