USDJPY – Currency Pair Remains in a Sideways Trend

30.08.2024

H4: The situation on the chart remains unchanged. The currency pair is still under pressure and trading in a very narrow range, between the four-hour super trend line and the (2/8) level. In the current situation, we can expect a further slow decline below the (6/8) level, followed by a transition to a sideways corrective movement. The nearest resistance is the four-hour and daily super trend lines.

Trading decisions: Sell at 145.25, TP at 143.65.