美元 / 日圓
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USDJPY 112.000 handle sell opportunity

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Fellow traders,

As you can see USDJPY has reached to 112.000 handle which has acted as a key level of support and resistance on a number of occasion in the past.
While RSI is also seriously overbought situation and JPY is expected to be strengthen over the coming week. Added bonus we have a perfect reversing signal sitting on top of the chart.

I have gone short on this pair and marked the tp1 and sl for you as well. Will be managing positions once it reaches tp1.

I would love to know your thoughts on this.

Trade safe and enjoy the weekend.
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