Near term Bearish USDJPY
Price Action - previous candle (in W1) formed bearish engulfing the opened by a huge gap.
MACD - still in bullish formation
RSI - still in bullish formation
this near-term bearishness is possibly a correction or consolidation for what might be a long-term bullish run.
MACD - still in bullish formation
RSI - still in bullish formation
this near-term bearishness is possibly a correction or consolidation for what might be a long-term bullish run.
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Related publications
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.