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TraderNeoh

USDJPY Trade Idea

U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
TraderNeoh  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns
16
2
trendanalysis chartpattern
UJ has been in a strong uptrend due to the recent DXY rise. In today's trading session, I will be focusing on short-term bearish rotation due to how over-extended the market is (RSI, 82). As the buyers are still strong in the short-term, I am expecting some pullback to re-test the 18ema & 50ema. Be flexible with this pair.

Trade safe.

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