Now is the time to short USDJPY to catch what could be a very large descending triangle formation.
USDJPY has stalled at multiple levels now including a pivot point and 2 key fib levels. Furthermore there is overhead down trending price resistance. Furthermore the RSI pushed into overbought territory but has fallen back under this threshold after running into selling pressure.
USDJPY has stalled at multiple levels now including a pivot point and 2 key fib levels. Furthermore there is overhead down trending price resistance. Furthermore the RSI pushed into overbought territory but has fallen back under this threshold after running into selling pressure.