USDJPY AT A CRITICAL POINT

(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!)

PAIR AT CRITICAL TURNING POINT - A DESCENDING CHANNEL TOP
As you can see that the descending channel top is acting a support for this pair. However, this current price level is a turning point
where sell pressure can rush in, from previous order blocks established. A break below this price, preferably below @110.20
and a proper retest can usher in sell pressure OR a bounce off @110.5 into 111 or close and a retest of the channel top as a
support can usher in fresh buy opportunities. All we need is a proper confirmation before opting for any move.

Above all, stick to your rules and plans and align with the disclaimer below!

Disclaimer: Please note that this is not an investment advice for anybody to run or undertake; It is strictly for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable at all.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.