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JustTradeSignals
Jun 29, 2022 6:30 PM

USDJPY | IS THIS A TOP? 

USD/JPYOANDA

Description

USDJPY has been in a bullish trend since the start of the year as it is trading above the trendline and 50d SMA.

However, the trend looks pretty mature as RSI started to show bearish divergence and MACD is flattening. Is this the top?

The possible drop could be 129.000 and 130.000.

Let us know what do you think of the idea?
Comments
Female_trader_11
So people have been saying for months now
JustTradeSignals
@sfranken90, Where are your charts?
RLinda
Nice job. Thanks for sharing
JustTradeSignals
@RLinda, Welcome mate
xCaliberTrading
Think we are on our way to 140
xCaliberTrading
Non technical input.
JustTradeSignals
@xCaliberTrading, Show your chart
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