Get started
AidanMDang

USDJPY Descending Channel, Overbought RSI

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
AidanMDang  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Technical Indicators Parallel Channel USD jpy
6
0
trendanalysis indicator parallelchannel usd jpy
Here we have a chance to sell USDJPY within a descending channel.

After a period of consolidation, a smaller ascending channel has been broken to the downside.
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.