ImproveYourTrades

Divergence at R1, back to pivot?

Short
FX:AUDJPY   Australian Dollar / Japanese Yen
Here's another pair I spotted that might be reversing nicely, just like the AUDNZD I posted a few minutes ago. Same divergence in the MACD, occuring at R1, starting to see a lower-high with price struggling at the R1 level.

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.