DeGRAM | USDJPY at 1998 Year Resistance

USDJPY is testing a resistance zone which was tested in the 1998.

Orders are placed at those levels by major institutions that are selling by market and those that have bought and are taking profits right now. Notice big bearish candles.

Price is pulling back to resistance and we can see deceleration. Candles are getting smaller.

We will see massive sell-offs.


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