USD/JPY

Lets See here ..
RSI overbought
MACD Might Cross

Falling Wedge formed

Blue line Is demanding Area

Result : there is Good chance that price will drop in next Day to Test the support before it Bounce Back and Get Candle that would break the Falling wedge

Lets watch it carefully



I am not a Regular analysis Just when i find a Time i post or update

Cheers :)

Comment:

looks like falling wedge couldn`t hold up enough to push for up candle we going even lower i`ll so Buy order is canceled for now we gonna look for sell entry

cheers