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USDJPY: Higher High on 1D. Sell signal.

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
InvestingScope  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators USDJPY USD jpy DJ FXCM Index dollar japaneseyen Forex Currencies currency
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trendanalysis chartpattern indicator usdjpy usd jpy usdollar dollar japaneseyen forex currencies currency
The price has just made a Higher High on the 1D Channel Up (RSI = 63.970, MACD = 0.140, Highs/Lows = 0.7229). With the stochastics turning overbought (STOCH = 71.715, STOCHRSI = 100.00, Williams = -2.309) it is natural to expect a rejection towards a new Higher Low. That should be around 109.200 but following this sell signal we will settle for a higher TP = 109.800.





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