USDJPY: Bearish Outlook on daily chart
There are 2 resistance zones of 2007 located on the daily chart. Market came into the 1st zone and bounced back with a really good RSI divergence. The market might rally back up into that zone and we might be looking to short this pair, with extra conformation, like a double top and RSI divergence.
Good Luck Trading!!
Good Luck Trading!!
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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.