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USDJPY ON 1 HOUR TIME FRAME
U.S. Dollar / Japanese Yen
Short
USDJPY ON 1 HOUR TIME FRAME
By NJONGO_1
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Nov 21, 2018
2
Nov 21, 2018
The pair has found the Bulls after topping out at 114.000.
the pair found support at 112.000 after the drastic decrease in price.
the United States Treasury Bond Yields which offset Bond Yields gave to the Bulls which have now see the pair Resist at 113.000.
there has been lateral movement throughout but the pair resumes the Bearish Movement.
awaiting a trendline break and short targeting 112.500. the pair is overbought and the momentum is decreasing in favour of the bears
Take Care!
Chart Patterns
Trend Analysis
NJONGO_1
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