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McQuant
Feb 21, 2014 3:02 PM

Resistence touch with negative divergence Short

U.S. Dollar/Japanese YenFXCM

Description

Major resistance has been touched and negative divergence exists on oscillator. This pair could possibly go down. My TP1 level is at 101. But I'd like to see deeper downside move to somewhere around 101,92 (TP2).
Comments
Aqua-Life
I agree. If this pair double tops on the 60 I will be short too. Targets around 101.75 and 101 flat.
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