OANDA:USDJPY   U.S. Dollar / Japanese Yen
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USDJPY is currently in a rising wedge and I expect it to break to the downside soon. Once it breaks the wedge and confirms, I will place a trade.

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usdjpy and gbpjpy ,cadjpy same movements in this pair
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@Mandeepdhaliwal yes they all tend to move in the same direction. I think that serves as an indicator on how strong or weak the Japanese yen is at that moment in time.
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@MKBillions do u still expect this to be bearish because friday it couldn't breakthrough?
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in trade?
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@Thalapatty it looks pretty bearish to me right now because it’s rejecting the down trending resistance. It also seems to have formed a double top on different timeframes and the MACD on most timeframes looks bearish as well. Let’s see what happens when the market opens
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@qamarsaleem87200 no I’m not
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@qamarsaleem87200 the short position I uploaded has expired and now the pair has reversed and is testing the resistance
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@MKBillions oki sir i have followed you... and will be seeking ideas from now on
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@qamarsaleem87200 Awesome! Thank you so much 🤝
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