U.S. Dollar / Japanese Yen
Short
Updated

USDJPY: RSI vs Price Action - SELL

Greetings Traders!

We have negative RSI built up on the trend for the past week. Looking to break the current channel to the downside and SELL with Target 1 at 104.760 and Target 2 at 101.425.

Stop: 106.477
T1: 104.760
T2: 101.425

youtu.be/xQRZfH36sQo
Trade active
Note
First Target HIT!
Note
Currently going through a retrancement....retesting resistance at 104.760...

Disclaimer