Ryan_lopes

ANALYSIS ON USDJPY

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.

As we can see, the price is close to its trendline Resistance and the entire trend is in the sell-side one can go for a sell trade, keeping their SL above the trendline.

Let us know your views on this in the comment section. Thank you all.

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Ryan.R..Lopes

Comments

Seems we passed the resistance of 106.527. I am waiting for a reversal around 106.570 where it seems to be floating at now. I did get a few wins on it's way up so I'm holding out for the trip down now.
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