EliteTradingSignals

USD/JPY BEARISH BIAS RIGHT NOW| SHORT

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello,Friends!

Bearish trend on USD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 148.121.

✅LIKE AND COMMENT MY IDEAS✅

✅JOIN my FREE Telegram Channel: t.me/elitetrading_signals
✅Contact: @elitetradingsignals_contact
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.