USD/JPY
The Japanese yen opens and closes the daily session below the MACD indicator line for the third day in a row. All exits above this line of upper shadows are false, which indicates an impending fall for the price, and the nearest target level here is 109.20 - the low on June 8. If today's data on labor in the US comes out worse than expected, then later we can expect a deeper decline in the pair, to the target level of 108.35, it is set by the lows of May 11 and March 11, 2021.
On the four-hour chart, the price has already made an attempt to move under the MACD indicator line this morning, but has not yet dared to overcome the target level of 109.85. The Marlin oscillator has consolidated in the negative zone, the yen is waiting for an impulse from external markets.
