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ChrisLaw1

USDJPY: Short From Horizontal Resistance

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
ChrisLaw1  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators
6
0
trendanalysis indicator
Price is rising towards the horizontal resistance zone which has not been broken since last month. I believe we might see a correction from this level to the support level which also aligns with the 38.2% Fibonacci retracement.
I'm bearish biased!
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