USD/JPY forex analysis: Declines back to 135.16 monthly support [Video]

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Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the USDJPY monthly, daily, and 15 min charts.

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USDJPY daily chart on ACY MT4

Price has declined down to the 135.16 monthly support level.

USDJPY 15-minute chart on ACY MT4

Watching to see if price forms an uptrend on the 15 min chart to confirm a move back above the 136.00 level.