Major increase in USD/JPY will turn into short soon.

There have been an increase in this pair for some time and lead to candles crossing multiple times Bollinger Bands. Moreover the pair reached the resistance and starting from today a trend reversing may start. During next week, also depending on the news a fall is expected in this pair. Japanese Yen experienced a higher fall than expected but this "crisis" is expected to end soon and the pair will follow the fall in strengths.
Chart PatternsTechnical IndicatorsTrend Analysis

Declinazione di responsabilità