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EliteTradingSignals
May 25, 2023 1:03 PM

USD/JPY BEST PLACE TO SELL FROM|SHORT Short

U.S. Dollar/Japanese YenFXCM

Description


Hello,Friends!

USD/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 136.550 area.

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Comments
EliteTradingSignals
What are your thoughts on USD/JPY ?
FOREXN1
@EliteTradingSignals, Possible setup , we are Long here :)
MonoCoinSignal
Informative analysis.
TheCryptagon
Noted, thank you!
TopTradingSignals
We think the same way!
ayiearil91
Are you sure..sell i look at 140.196
UnitedSignals
Thank you for posting this idea.
SGsauragestion
I have the same idea. thks.
WalterMoon
Cool USDJPY idea buddy
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