USDJPY Sep-28 (4 hour) - H4

Monday, September 28, 2020 8:59 PM

In the USDJPY currency pair, we see that the price has reached the point where the resistance lines meet. This approach is based on the monthly resistance line. This line is very important in our analysis. Therefore, we must examine how the price reacts to this line. If the price can not cross this range, it can fall to 104.23, and if it breaks and crosses this range, it can rise to 106.62.