USD/JPY Daily Trend November 2, 2018

USD/JPY Short Basis:

-Failed to break 113.4 Resistance 4 times
-Bear Flag Formation
-RSI approaching overbought territory
-Elliot Impulse Wave 1-5 Completed
-Buy volume decreasing

USD/JPY Long Basis:

-Go long if and only if upper resistance 113.4 is broken



*Trade at your own risk*