USD/JPY forex analysis: Declines back to 135.16 monthly support [Video]

Duncan Cooper ACY Securities

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the USDJPY monthly, daily, and 15 min charts.

USDJPY monthly chart on ACY MT4

Price has declined down to the 135.16 monthly support level.

USDJPY 15-minute chart on ACY MT4

Watching to see if price forms an uptrend on the 15 min chart to confirm a move back above the 136.00 level.

Author

Duncan Cooper

ACY Securities

Duncan Cooper is a full-time trader and mentor. He has been actively trading the financial markets for more than 15 years and has traded stocks, options, futures, and the Forex Market since 2005.

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