USD/JPY mark: 113.930

Forecast: Down

H4 Key points:
Resistance: 114.300
1st support: 113.000
Floor: 111.740

Consolidation area: between Resistance & 1st Support above

Price is trying to break the resistance line (for the 3rd time) but it was not well succeeded and, in my opinion, it will not be. Cross is showing that has not enough strengh to keep upside path and is starting going down until the fisrt support around 113.000 (blue line).

Translate to English Show original