19 November 2019, USD/JPY
Tebhnical Observation
After breaking below the zone 109.239-108.520, the USDJPY continued to the lowerside= but just pulled back to the same zone few days, while the price is not able to clearly break and close above 109.239, we're waiting for low risk sell orders with an ideal take profit at 105.250. On its way to the lowerside, the key levels to look for include 107.645, 106.535 and 105.965. If these levels are broken, then further momentum to the lower side is expected with an ideal take profit at 100.00.
Trade Recommendations:
Look for a low risk sell with your take profit at 105.250.