Aqua_Trader

USDJPY - THE POWER OF DIVERGENCES + BREAKOUTS

FX:USDJPY   U.S. Dollar / Japanese Yen
We can see that the pair has been in a downtrend for a couple of weeks now but there's bullish momentum building up ( We cans see that from the price action as well as the Bullish Divergence itself) so a breakout towards the upside could be happening very soon. Personally I'm expecting one last minor push to the downside before a bigger move towards the upside which will lead onto the break of the minor downward trendline.

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