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USD/JPY BEARS WILL DOMINATE THE MARKET|SHORT

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Dólar Americano/Iene Japonês (FX:USDJPY)  
EliteTradingSignals  
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 trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 143.968 area.

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