Technician

USDJPY At resistance, some room for a pullback.

FX:USDJPY   U.S. Dollar/Japanese Yen
3359 14 143
The price has approached a resistance area , The price is extremely overbought. A pause and pullback from this area is likely.
We are finally LIVE https://thefxchannel.com
@Technician ... I'm currently holding a lot of UJ short. Would love to see 109ish again. I would love to know your thoughts & advice please. Cheers from Downunder ;o)
Reply
What are your thoughts now??
Reply
That RSI is gonna turn down soon .. with me on it !
Reply
Buy the pull back !
Reply
@Calamity, ? what do you mean?
short it?
Reply
Calamity yohan.ramani
@yohan.ramani, why u think im trying to be 100% correct and short it, i will never do that lol
Reply
I am join!
Reply
I've shorted this pair 3 times in the last 2 weeks and we know the outcome. Picking the top is proving very difficult. It has to give soon. Let's see what your levels bring if it gets that high.
+1 Reply
agreed with your take, if this trade gets executed and hits a stop loss, I will be looking to go short again at 112.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out