![[Image: analytics5fadf175b2956.jpg]](https://forex-images.ifxdb.com/userfiles/20201113/analytics5fadf175b2956.jpg)
Forecast for USD/JPY on November 13, 2020
The Japanese yen, under yesterday's pressure from the stock market, strengthened (decreased on the chart) by 29 pips, breaking the support of the MACD line on the daily chart. Then, today during the Asian session, the USD / JPY pair lost the same amount, and in order for the quotes to continue the decline, the bears have to overcome the support of the price channel at 104.75. Around the same time, the Marlin Oscillator will move into negative territory, which will strengthen the declining market sentiment. The target of the movement will be the level of 104.05, which is near the lows reached on October 29 and September 21.
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