USDJPY Analysis – 18.Dec.2023

USDJPY Analysis : By checking the chart of USDJPY , we can see that the price has fallen by more than 800 pips since the last analysis until now, and the final return has reached more than 1000 pips! As you can see, the price is currently gathering the necessary strength to grow again up to 144,700 to fill the liquidity void caused by this drop! The main point of view is still bearish, but with the right trigger, you can follow it with a corrective movement to the top! The important supply zone is in the range of 144,700 to 146,700!
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Author : Arman Shaban

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