$USDJPY break of rising wedge spells trouble for risk-assets.

Keep an eye on the US Dollar against the Japanese Yen. A breakdown of this wedge could indicate the market is seeking safety and see a sell-off in risk-assets such as equities. The Pair has rejected off the 200 day moving average (green line) and is also showing signs of bearish divergence, where higher price is not being confirmed by RSI which is making lower highs.