USD/JPY BEST PLACE TO SELL FROM|SHORT
Updated
Hello,Friends!
USD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 154.372.
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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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