A golden opportunity to short the Yen
The chart says it all -
1. A strong trendline
2. Bearish price action at the trendline resistance
3. The moving average set pointing doing, and acting as resistance
4. The overbought 3 period RSI dipping below its 4 period EMA, as it moves down from overbought
1. A strong trendline
2. Bearish price action at the trendline resistance
3. The moving average set pointing doing, and acting as resistance
4. The overbought 3 period RSI dipping below its 4 period EMA, as it moves down from overbought