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ChinaHelloWorld

USDJPY go south ? Too good to be truth...

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
ChinaHelloWorld  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns
2
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trendanalysis indicator chartpattern
Based on Stoch and RSI, they are holding in over buy position for a while, those will bring concern if USDJPY would go to south as previous sideways ? Also, based on other analysis in USD Currency Index and EURUSD, USD could go north, so, USDJPY go south could be conflict with other analysis. So, now, it is not a good time to say USDJPY go south or go north. It is possible to go north, but it is not a good time to set entry at this moment... wait to see with patient.
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