USD/JPY Hits Descending Trendline


Bounce or break? 

There we have a USD/JPY pair at Daily Timeframe.
We can see the price right now hitting a descending trendline.

Price nicely doing Lower lows and lower highs. If we will see some price action for bearish momentum we can expect the price to drop above 102.604 support and will be made another lower low.

If the price will break the descending trendline of the upside, we can expect the price to go with a strong bullish leg into 106.00 resistance zones and higher.

Need to wait for a nice retest with price action for trade confirmation.