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EliteTradingSignals

USD/JPY BEARS ARE STRONG HERE|SHORT

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Dolar A.S. / Yen Jepun (FX:USDJPY)  
EliteTradingSignals  
FX:USDJPY   Dolar A.S. / Yen Jepun
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 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 140.524 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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Penafian

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