FX.co ★ Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Monday January 15, 2023.

If we look on the 4 hour chart of USD/JPY main currency pairs, then there will be 2 interesting things. First, the deviation between price movement with MACD indicator, secondly, the appearance of Three Little Indian pattern which indirectly formed the Bearish Wolve Waves pattern so that based on those facts, in the near future, USD/JPY has the potential to weakness to its downward untuk the ETA Line level around the level 143,44, unless if on the way to those levels suddenly USD/JPY return to strong upwards until breaks above the level 146,03, then the downward scenario that has been described has the potential to become invalid and cancel itself.

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