Usd/Jpy

١٢ ديسمبر ٢٠١٩

Bearish sentiment is strong. Bearish cross in EMA's, price action is forming a bearish triangle. Bears is not strong enough to carry price lower, however there is a lot of news upcoming, in my opinion the strength will come from there or before. Since price was rejected to go lower I expect price to form a new lower low, the gather strength to push price pass my black daily support line