USD/JPY analysis: Sell Opportunity In H4 Supply Retest

2019-12-16 09:22:05

Good morning.
In general, the price trend in the intermediate-term is down. This condition based on downtrend move in the Weekly time frame. The price rejects in Weekly supply area 109.17 - 110.10 and this looks like uptrend channel in the Daily time frame. Sell opportunity will be taken in the H4 supply area when the price retest this area.