USD/JPY is on an upward trajectory movement with sustained pressure from the bulls.
According to Murray math lines 110.925 is the overbought zone.
We anticipate the zone to render selling pressure which could initiate a profit booking rally. Hence it could be a good entry point to initiate short positions.
According to Murray math lines 110.925 is the overbought zone.
We anticipate the zone to render selling pressure which could initiate a profit booking rally. Hence it could be a good entry point to initiate short positions.