USDJPY possible Short opportunity

16 בינו׳ 2019

Hello. In the last few days the USDJPY has bounced few times from the Resistance area that I have marked on the chart. The price is getting close to that area again. Combined with the almost Overbought RSI and MACD that might be forming a cross shows us a great Short opportunity, but watch out for the recent Trend line that I have marked in green color.