realtrademaster

Usdjpy short

ショート
FX:USDJPY   米ドル/円
Here's a brief analysis for a short idea on USDJPY:

*Technical Analysis:*

- USDJPY has been in an uptrend since January 2023, but has recently shown signs of exhaustion and correction is now likely.
- The Relative Strength Index (RSI) has entered overbought territory, indicating a potential pullback.

*Fundamental Analysis:*

- The Bank of Japan (BOJ) has maintained its dovish stance, however intervention is now more then likely

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