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ToniSignals
Sep 28, 2021 3:17 AM

USD/JPY Signal - USD 7 Year Note Auction - 28 Sep 2021 Short

U.S. Dollar/Japanese YenFXCM

Description

USDJPY has bearish divergence prior to the USD 7 Year note auction, which shows the yields on the US Government backed security. Technically the pair has been in a bull market, however the RSI is showing strong bearish divergence and the ADX has dropped showing the trend has lost steam. We anticipate a retracement into support.

Comments
tayyab00
What the fack
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