USD/JPY bearish technical outlook for the day

This is an idea not advice

1. Technical looks like it's hitting a resistance, where it's creating stagnant side way areas and barely reaching above it.
   
2. 4hr RSI has been flat as well, and possibly looking to divert
   
3. With current weakness of the trend momentum in hourly time frame, it will likely need to retrace, gather demand to continue it's march.
   
4. The FVG and Demand area is looking attractive because of this.
   

ความคิดเห็น:

Momentum to the downside growing.

ความคิดเห็น:

Target hit.