The pair has a downward impulse

On our chart, we see a powerful downward impulse, as well as the fact that the pair has not yet been stopped at any of the resistance levels and continues to move.
Our technical indicators point to a sale.

We believe that the downward movement will continue and the pair will be able to descend to the levels of 112.40 and 112. Therefore, we advise you to look for points to enter short positions and to consider as your targets the marks of the above levels.
Beyond Technical AnalysisForexfxTechnical IndicatorsjpymarkettraderTrend AnalysisUSD

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