USDJPY Technical Analysis
price is currently at the top of a descending channel on this pair and at MR1, where we could see bears take over. we also have an overbought stochastics that could come down from selling pressure. to trade this as a bear you would drop into a lower time frame.
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About The Forex Analyst
Graduate in Bcom Human Resources Management. I am a full time Currency Trader and Market Analyst using technical and fundamental analysis, I have been trading in the Forex market since 2016. I am also a part time student at the University of Johannesburg studying Finance and Investment Management. I am always looking to learn and improve my skills as a professional, consistent and successful Trader & Investor for above average returns and a better understanding of the financial industry and financial markets.