USDJPY | REJECTION FROM RESISTANCE
USDJPY has been trading with in rising wedge . Currently price has approached to upper boundary of wedge. The price candles on resistance favors bears. The price may retest the resistance again before a fell towards support zone. The RSI has bearish divergence too.
A rejection from resistance zone will call for more bears and price action may fall to lower boundary of wedge.
Trade your levels accordingly.
A rejection from resistance zone will call for more bears and price action may fall to lower boundary of wedge.
Trade your levels accordingly.
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