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USD/JPY BEARS ARE GAINING STRENGTH|SHORT

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
EliteTradingSignals  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis USDJPY short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis usdjpy short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

USD-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 137.604 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the USD/JPY pair.

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