Usd/Jpy waiting for market open and confirmations before committing to the market.
1. Market could break previous structure high of 113.40 and look for a test of 114.50
2. Market could not break previous structure high of 113.40 and look for a test of 111.50
3. 10 period RSI signals price is currently overbought
4. Price could make a double top
5. 13 period EMA signals price is trending upward
6. Price is currently in an ascending channel
1. Market could break previous structure high of 113.40 and look for a test of 114.50
2. Market could not break previous structure high of 113.40 and look for a test of 111.50
3. 10 period RSI signals price is currently overbought
4. Price could make a double top
5. 13 period EMA signals price is trending upward
6. Price is currently in an ascending channel