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acsedward
Mar 2, 2021 3:46 AM

USD/JPY 4-Hour Chart Update #2 (2 Mar 2021) Short

U.S. Dollar/Japanese YenFXCM

Description

Summary of current technical analysis for the USD/JPY pair on the 4-hour chart:
- 70 resistance on the RSI with bearish divergence
- extremely low volume to the upside
- major resistance level on the monthly fibonacci
- perceived bullish exhaustion
- swing-high fibonacci 0 holding
- +1.91% from swing-low fibonacci 1

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