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USD/JPY SENDS CLEAR BEARISH SIGNALS|SHORT

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Dólar Americano/Iene Japonês (FX:USDJPY)  
EliteTradingSignals Atualizado   
FX:USDJPY   Dólar Americano/Iene Japonês
Trend Analysis Chart Patterns Wave Analysis USDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

USD/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 147.603 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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