USDJPY is showing some bearish divergence. With prices hovering around the 76.40% region and prices losing steam to break higher. I expect prices to head down to around the 61.8% region.
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Prices are hovering right at the support region. Let's continue to monitor itNote
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Prices still ranging at the the resistance region Trade closed: stop reached
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I know a lot of people got stopped out of UJ. Could it be a bank push? possibly. Let's continue to monitor this interesting pair and learn from past mistakes.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.