USDJPY left resistance zone / Falls

2020年11月27日

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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