Alternative Scenario For USDJPY

٢٧ يوليو ٢٠٢٢

This morning I posted there is chance for usdjpy to test lower trend line (red line trend) then drops. But there might be alternative scenario in case if usdjpy fails to retrace higher near to lower trend line (red line), i drew the blue trend line in case the price fails to go higher to test the lower red line. If the price breaks down lower the blue trendline then I might enter sell again cause this will open more room for usdjpy to go lower further.