rjthegreatxx

USDJPY possible short, price action

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
BOJ announcement doesn't seem to have helped the pair break resistance at 109.46, US GDP announcement may push it past this level. Price is moving towards middle of Bollinger Bands. Overall trend is bullish, but the pair is oversold on RSI and MACD, chance of short term correction to 109.06 or 108.72 support levels before resuming the uptrend? Chance for a price action reversal at these levels.

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