We now having a flat channel for UJ down to see 104.6-103.7. The blue trendline from the top that we used to assume that UJ is going to reverse now is going to invalid once UJ make a new low. The flat channel also mean lots of buyer try to buy UJ here. Once the buyers' sl hit, UJ will drop dramatically down to next support level 104.6-103.7.
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USDJPY has just dropped down to touch the support zone.