Kelvin_Maina

Is USDJPY reversing to the upside

OANDA:USDJPY   Dolar U.S/ Yen Jepun
The pair has again tested the resistance and it has not managed to break it on the four hour chart. The resistance has hold true for three times and although i am short on this pair, it is time to start rethinking. My bias is still short, because i am already in the trade from last week, but i am thnking of a huge retracement with the overall trend to the downside. Looking forward to exiting my shorts if my doubts are cleared that this is a reversal or a big retracement.

Happy trading guys!!
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