USD/JPY looks like it might be up for a reversal.
It still looks bearish at the moment, and will until it breaks the Kijun ( Dark Blue Line ) although it does show some bullish signs like the twist in the cloud above as a weak point of resistance ( Green circle ).
Additionally, there is also an increase in volume on the OBV which supports the small uptrend.
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;).
It still looks bearish at the moment, and will until it breaks the Kijun ( Dark Blue Line ) although it does show some bullish signs like the twist in the cloud above as a weak point of resistance ( Green circle ).
Additionally, there is also an increase in volume on the OBV which supports the small uptrend.
If you like my ideas and the work I do, please check out the links in the signature and give me a like ;).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.