USD/JPY technical analysis(09/09/2021)
#USDJPY Price is trading in 4hr resistance area and bearish candlesticks formed its will take entry for below the bearish candlestick and its will go for the next level of support
Why we like it:
Price is trading in 4hr resistance area
waiting for bearish candlesticks formed
possible to move next support area
1st support:
109.555
Next Zone area & horizontal swing Low support
2nd support:
109.084
Next Zone area & horizontal swing Low support
1st Resistance
110.466
Zone area & horizontal swing high resistance
Why we like it:
Price is trading in 4hr resistance area
waiting for bearish candlesticks formed
possible to move next support area
1st support:
109.555
Next Zone area & horizontal swing Low support
2nd support:
109.084
Next Zone area & horizontal swing Low support
1st Resistance
110.466
Zone area & horizontal swing high resistance
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