USDJPY, H4
USDJPY is declining, facing the crucial 152.50 zone, aligned with the golden Fibonacci ratio.
The RSI shows an oversold conditions, however, the 100-MA crosses the 200-MA, forming a death cross formation.
- If the price bounces from the 152.50 support, it may propel the asset to 155.00.
- However, breaching below the 152.50 support will trigger a decline toward the 149.00 level.
