Today we observe a picture of formation of a signal for Bollinger bands reversal.
Though this time, we wait for the downward reversal of the currency pair.
When the price reaches the upper Bollinger bands, a short position for USDJPY can be opened.
Macrostatistics of the Japanese yen is slightly better in comparison with the US dollar which also implies a certain decline of the pair:
This content is for informational purposes only and is not intended to be investing advice.
