USDJPY broke new low yesterday and has recovered fully.
The price has seen retraced back and beyond the breakout level at 109.50 which shows that USDJPY is prone to selling.
A bat pattern is formed in the process and the price consolidated within the supply zone.
This would be a good opportunity for an intraday sell where the price is expected to fall further on safe-haven demand of the yen.
Bearish BatdailyforecastdlifestyletraderHarmonic PatternssafehavensafehavenyenTrend AnalysisUSDJPYyen

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