UsdJpy to break support

٥ نوفمبر ٢٠٢٠

UsdJpy is in a downtrend for quite some time and clear support for this pair is just above 104 zone.
I believe this support will be broken and the pair could drop to 103 or even 102
Yesterday UsdJpy had a spike above 105 and reversed aggressively confirming strong sell in that zone.
Rallies should be sold and only a daily close above 105.20 would delay this outlook