USDJPY 12 Jun 2023 on the M30 timeframe, it looks like the pair is bearish again after successfully bullish and breaking out of the kumo on the ichimoku indicator. Referring to the stochastic indicator, the bearish trend is likely to continue until it reaches a saturation point below level 20. Therefore, go-short could be an option for scalpers for now. After that, if oversold does occur, prepare for a possible trend change to bullish. Stay alert to market changes, watch all indicators to support trading decisions.
