Dollar-Yen Forecast May 8

■ Dollar/Yen Daily Chart Forecast Today

From the daily chart of USD/JPY, the double top pattern seems to be essentially confirmed, and the outlook has shifted to a downtrend. The price has declined almost consecutively from the recent high and is now near the recent low. The 110.360 yen level, which appears strong, has also been broken, and Bollinger Bands show signs of widening, suggesting a band-walk may commence from here, potentially accelerating further declines.
What are the forecasts and analyses for the 4-hour and 1-hour charts? In the end, can we enter? Continue here