USDJPY-SELL++

278
As expected we went little higher, and now am eyeing to ADD further SELL @ 130.70-131.00 when seen on opening Monday.

The DC is high up and we are showing resistance at previous high 131.5o area, and of course an increasing overbought status on weekly chart and much more extreme monthly.

Overall view is that we will see lower 125.17 for corrective reasons.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.