Get started
SinatraFX

USDJPY bearish divergence in H4 could lead us back to 110 levels

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
SinatraFX  
FX:USDJPY   U.S. Dollar / Japanese Yen
6
0
USDJPY bearish divergence in H4 could lead us back to 110 levels

Considering the weakening ability of the US institutions to present positive fundamental data,
I expect USDJPY to go lower, with upward resistance found at 113.250 and 114.0 from November '15 low and higher low and by far no support in sight on the downside.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.