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claydoctor
Nov 26, 2014 12:32 PM

USDJPY, IWM, gaps and spreads Short

FX:USDJPY1D
U.S. Dollar/Japanese YenFXCM

Description

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The gaps in the 50 and 200 MA of USDJPY are stretched and concerning. Bollinger is stretched more than "ever before". Divergence of USDJPY v. EURUSD says something has to give here. This relationship is unsustainable at these levels.
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