USDJPY Weekly Bearish Divergence

FX:USDJPY   U.S. Dollar / Japanese Yen
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We have a Bearish Divergence in play at the Daily chart as well where I expect the JPY to test the 200 MA. On the weekly the Bearish Divergence will range between support and resistance levels and the uptrend in still intact. I will continue to trade this pair on a lower time fram based upon the USD Yield and Index - as well as Yen strength based upon Risk off and money pouring into the Yen.
Stopped out
Now I see it. Thanks RolleV.
Great, I think both this one and your monthly trade will be super ))
+1 Reply
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