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DLavrov
Dec 7, 2016 5:12 PM

USDJPY Short Trade Short

U.S. Dollar/Japanese YenFXCM

Description

Price and indicators formed bearish divergence, which is a signal for possible short trades. Entry level could be below 114 with target MA100. Stop orders must be placed above 114.80. Daily chart shows that the pair is overbought and probably we'll see correction wave to 112 level.
Comments
zeroluo
thank so much.
DLavrov
@zeroluo, thanks for your comment )
zeroluo
@DLavrov, you are welcome.your analysis is very professional.
DLavrov
@zeroluo, thanks a lot, one more time )
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