HiTech
Short

USDJPY POTENTIAL TREND REVERSAL

FX:USDJPY   U.S. Dollar/Japanese Yen
57 0 2
USDJPY             formed a very strong resistance at 120.35, after which trendline and channel breakout followed. Additionally DeMarker oscillator shows bearish divergence. Most likely this can be interpreted as a signal for corrective move down or a very beginning of a more global price drop. My signal is not the strongest on this setup, so trade conservatively.
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