USDJPY facing bearish pressure | 5 Apr 2021
Prices are facing pressure from the descending as well as horizontal swing high resistance which is in line with 100% and 78.6% . Prices are likely to push down towards horizontal swing low support which is in lien with 100% and 127.2% . If prices break through descending resistance and 1st resistance, price is likely to face resistance from 2nd resistance which is a horizontal swing high resistance which coincides with 78.6% . is above prices, showing a pressure for prices.