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John_Mwaniki

USDJPY Analysis: Rising wedge breakout

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
John_Mwaniki  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort usdjpysetup usdjpyanalysis Rising Wedge wedgebreakout
5
0
trendanalysis chartpattern indicator usdjpy usdjpyshort usdjpysetup usdjpyanalysis risingwedge wedgebreakout
Hi traders,
USDJPY broke a rising wedge in four hour timeframe. It also had bounced off from a falling trendline in daily time frame.
There is high likelihood of price falling further.
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