USD/JPY Daily Trend November 2, 2018

FX:USDJPY   U.S. Dollar / Japanese Yen
USD/JPY Short Basis:

-Failed to break 113.4 Resistance 4 times
-Bear Flag Formation
-RSI approaching overbought territory
-Elliot Impulse Wave 1-5 Completed
-Buy volume decreasing

USD/JPY Long Basis:

-Go long if and only if upper resistance 113.4 is broken

*Trade at your own risk*
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