U.S. Dollar / Japanese Yen

Short

USDJPY: Overbought Market & Pullback 🇺🇸🇯🇵

By VasilyTrader

Updated

snapshot

Hey traders,

After a sharp bullish rally, USDJPY reached a major rising trend line on 3 days time frame.
I will expect a bearish move from that.

The first goal will be a rising trend line that serves as a local support on 4H,
in case of its bearish breakout the second goal will be 115.0 level.

❤️Please, support this idea with like and comment!❤️

Note

Check my new analysis on SILVER:

SILVER (XAGUSD): Breakout & Bearish Continuation 🪙

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