USD/JPY Breaking the Support Zone
🔸DAILY CHART EXPLANATION:
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🔸Last week we posted an idea talking about this pair when it was facing the Support Zone, and we were waiting for a definition.
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🔸Now, we can observe that price is breaking the Support Zone to the downside.
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🔸If it consolidates below, we consider that it has bearish potential towards the next Support Zone at 101.300.
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🔸Will look for a lower timeframe bearish corrective structure.
.
.
🔸Last week we posted an idea talking about this pair when it was facing the Support Zone, and we were waiting for a definition.
.
🔸Now, we can observe that price is breaking the Support Zone to the downside.
.
🔸If it consolidates below, we consider that it has bearish potential towards the next Support Zone at 101.300.
.
🔸Will look for a lower timeframe bearish corrective structure.
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