BUY TRADE SETUP ON USDJPY

Hey Traders,

Check this analysis out on USDJPY. The pair had been trending toward the upside for quite some time. Now, it had broken the immediate resistance that could cause a bit of pressure that sellers could take advantage of, followed by an actual smooth pullback.

Provided that the price remains below the support, I will look for a short trade.

Keep a close tab on this one.