USD/JPY

٥ يناير ٢٠٢٠

USD/JPY is still in the major downtrend direction. What we saw on Friday is this spike and bounce off the major horizontal support level, which mean price can take a breah and we can expect a possible retracement back to previous resistance zone. Second scenario is , if we see more bearish momentum to continue in upcoming days we can see move lower to next support zone.