EliteTradingSignals

USD/JPY BEARS ARE STRONG HERE|SHORT

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

USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 145.842 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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