Technical analysis of USD/JPY 05/09/2019

Quotes of the USD/JPY currency pair on the H4 time frame continue to decline. At the moment, we should expect a continuation of the decline to the level of 108.90 as part of the development of the projection.
In favor of reducing the pair USD/JPY are the breakdown of the lower boundary of the upward channel, as well as data from the RSI indicator.
Cancellation of the option to continue to reduce the pair will be a strong increase and the breakdown level 111.00.


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