#USDJPY Price is trading nearby the 4hr Support Area zone and waiting for retest once reached support and for any bullish candlestick formation and its will move to the next level resistance area
Why we like it:
Price Trading nearby in the 4hr support area
waiting for retest taken
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
108.981
Next Zone area & horizontal swing Low support
2nd support:
108.772
Next Zone area & horizontal swing Low support
1st Resistance
109.800
Zone area & horizontal swing high resistance
Why we like it:
Price Trading nearby in the 4hr support area
waiting for retest taken
moving to the next resistance area
waiting for bullish candlestick confirmation
1st support:
108.981
Next Zone area & horizontal swing Low support
2nd support:
108.772
Next Zone area & horizontal swing Low support
1st Resistance
109.800
Zone area & horizontal swing high resistance