The USD/JPY pair stopped falling on the balance indicator line of the daily scale. Friday's drop in the US stock index S&P 500 was 0.72%. This morning, the Japanese Nikkei 225 is losing 0.67%, which ties the currency pair in growth. The main direction is still the decline, therefore, with a breakthrough of Friday's low of 114.80, we are waiting for the resumption of movement to 113.33 - to the price channel line of the higher timeframe.
The Marlin Oscillator has settled in the zone of negative values – in the zone of the downward trend.
The price continues to develop under both indicator lines on a four-hour scale, the Marlin Oscillator is gaining a rate of decline in the negative area. The situation is completely decreasing.
