CurrencyWaves

Possible Short at 105.00 on #USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
I will be looking to short USDJPY at 105.00 is price reaches this area early in the week and the RSI is still showing divergence. A break of 103.33 could confirm a top is in. First target down would be the 101.00 area and is the count is correct I will be looking for 92.00 longer term.

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.