DeGRAM

USDJPY continues fall to support

Short
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Since the spring of 2020, the price has maintained a falling trend.
A few days ago, the price bounced off the strong support.
This is the 2016 line.
After the growth from this support, the price came to the resistance at 104.41.
This line has existed since April.
The only major breakdown happened only in June.
The line has been holding back the price growth for the last six months.
After touching the resistance at 104.41, the price began to fall.
During the fall, the price will make many corrections.
I expect that eventually she will come to support.
Target - 102.89


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