$USD/JPY Bearish

13 בספט׳ 2017

The behavior of 4Hrs candles temporality shows that the price has touched the downtrendline (resistance), and popped out a pin bar that reinforces the probability for a bear rally through the next days. As well, the RSI confirms the downtrend with +70, meaning that the pair shows signs of being overbought.

Entry: 110.112
TP: 108.694