USDJPY Potential for bearish momentum | 26th May 2022
With prices moving below the ichimoku indicator and the stochastic indicator moving in a downtrend channel, we have a bearish bias that price will drop from our sell entry at 127.699 where the horizontal overlap resistance and 23.6% fibonacci retracement are to our take profit at 127.028 in line with the overlap support. Alternatively, price may break entry...