The whole world knows what BOJ did last Friday with their own set of QE, but i doubt you know that Aber is an expert in TA especially channel, H&S and divergence :-)
That QE move is served to quicken the fall of Yen towards the downtrend channel bottom so that we have a price making lower low, but MACD & RSI are making lower high by the time Yen reach about 82-83 which is the major support around mid-2007
That QE move is served to quicken the fall of Yen towards the downtrend channel bottom so that we have a price making lower low, but MACD & RSI are making lower high by the time Yen reach about 82-83 which is the major support around mid-2007