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InvestingScope

USDJPY: Pull back on 1D. Sell opportunity.

Short
U.S. Dollar / Japanese Yen (FOREXCOM:USDJPY)  
InvestingScope  
FOREXCOM:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY USD jpy DJ FXCM Index dollar japaneseyen Forex Currencies currency
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trendanalysis chartpattern indicator usdjpy usd jpy usdollar dollar japaneseyen forex currencies currency
The pair is trading on a 1D Channel Up (RSI = 68.410, MACD = 0.530, Highs/Lows = 0.6550) which on Friday made its technical Higher High. A pull back is now expected either on a -0.77% sequence or -1.20% to price a Higher Low. Our TP is 111.215 with 110.740 the extension.






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USDJPY: Sell opportunity within the 1D Channel Down.
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