U.S. Dollar / Japanese Yen

Short

USDJPY short, priceaction

By rjthegreatxx

Updated

On the W1 a pinbar formation at the 200 EMA, indicating bearish reversal. doji or pinbar formed in the past 24 hours on D1 to confirm bearish reversal. Also crossing 50 and 20 EMA and Vwap on lower timeframes. Very strong bearish volume in the past few hours on H1. Also RSI very overbought on D1.

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Sorry - better pic of the daily

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Weekly

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