ForexDailyUpdate
Short

USDJPY: RSI vs Price Action - SELL

FX:USDJPY   U.S. Dollar/Japanese Yen
4 months ago
Greetings Traders!

We have negative RSI built up on the trend for the past week. Looking to break the current channel to the downside and SELL with Target 1 at 104.760 and Target 2 at 101.425.

Stop: 106.477
T1: 104.760
T2: 101.425

https://youtu.be/xQRZfH36sQo
4 months ago
Trade active
4 months ago
Comment: First Target HIT!
4 months ago
Comment: Currently going through a retrancement....retesting resistance at 104.760...
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