arod91

Bearish USD/JPY: An outlook for next 6-8 weeks

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
We can see right now at RSI that is accumulating to the overbought territory, the price is too high, reaching the level of a previous higher high which consequently produced a big sell-off turning down the price to 108 levels. So in this case, anytime soon we could see the opportunity to enter in a hard downtrend rally.

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