USDJPY is retesting the previously broken downside resistance 110.500-111 zone
On the USDJPY daily chart, we can see that the pair is going for a retest of the previously broken upside resistance 110.500-111 zone. This zone should hold for a downside continuation lower into the 108 level. Now only a break above this zone could invalidate the downside extension.
Note: look for the short trade entries on a price action test of the 110.500-111Â
