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USD/JPY SHORT FROM RESISTANCE

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USA-dollar/Japansk yen (FX:USDJPY)  
EliteTradingSignals Uppdaterad   
FX:USDJPY   USA-dollar/Japansk yen
Trend Analysis Chart Patterns Wave Analysis USDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

USD/JPY pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 150.256 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Kommentera:
This pair is unstoppable so we are waiting for the TP!
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