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forexTrdr USDJPY - BEARISH HARAMI ON 4 HOURLY

FX:USDJPY   U.S. Dollar / Japanese Yen
Afternoon traders,

US dollar versus Japanese Yen flagging a bearish pattern with the formation of a Bearish Harami as RSI hits resistance level and Stochastics trade in extreme overbought territory on 4 hourly.

Looking for this pair to head lower from here back to 108 levels then a potential break down to 107.5

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Comment: Take profit 1 hit

Comments

I agree with your analysis, i m thinking along the same lines.
Reply
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