USD/JPY Drops to Bottom of Range

in #forexlast month

Direct from the desk of Dane Williams,
This is not your average forex broker blog.

USD/JPY Daily:


The bottom has really fallen out of USD/JPY, sending price to the bottom of its range.

With price now sitting at higher time frame support, will the zone hold?

Best of probabilities to you,


@forexbrokr | Steemit Blog

Market Analyst and Forex Broker.

Twitter: @forexbrokr


Hi Dane, nice chart. Monthly has somewhat of a bearish look for me with that fake breakout to the upside and the price being in a bearish triangle.

Nevertheless, on smaller timeframes, I think we might have to enter trades on support always with the assumption that the support is going to hold.

EDIT: forgot chart

Can't fault your logic.

Enjoy your weekend, mate!

Cheers, you too! Catch ya later!

 last month Reveal Comment

Can you please not post these spam comments on my totally unrelated blogs?

It would be much appreciated going forward.