USD/JPY:SELL Possible start of New Bearish trend SHORT

Updated

USD/JPY From the top 151.944 started to have a contraction to the bearish side with lower minimums and higher. The price turned under the 50 Moving average and the stochastic is moved inside the oversold area. There is a possibility for the price to start a new bearish trend. If the price will grow up to the 148.85 area, the clues will be in favor of a long setup and the actual scenario was a pullback of the price to grow more.

Note

Trade closed: target reached

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