USD/JPY BEARS ARE GAINING STRENGTH|SHORT

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Dólar Americano/Iene Japonês (FX:USDJPY)

FX:USDJPY Dólar Americano/Iene Japonês

Trend Analysis Chart Patterns Wave Analysis USDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image

trendanalysis chartpattern waveanalysis usdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage

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Hello,Friends!

USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 137.604 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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