On the monthly time frame, USDJPY is moving towards the top of the ascending channel.
In the RSI indicator, the price has corrected after reaching the overbought point.
In the RSI indicator, the oscillator inside the descending triangle is falling.
Be careful in your purchase.
It looks like we have a strong bearish rally ahead of us.
In the words of Jack Bogle: Just sit and do nothing.
In the RSI indicator, the price has corrected after reaching the overbought point.
In the RSI indicator, the oscillator inside the descending triangle is falling.
Be careful in your purchase.
It looks like we have a strong bearish rally ahead of us.
In the words of Jack Bogle: Just sit and do nothing.