Alphamoney870

USDJPY time for a correction?

Short
Alphamoney870 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
looking for a quick trade before FOMC minutes today.
SHORT ENTRY- 145.750
STOPLOSS- 146.200
TARGET- 145.000 AND BELOW
Comment:
Slight RSI divergence is present on 1hr so expecting a brief correction so this should hopefully be a quick trade using FOMC as a market mover or it could do nothing. Will update after i see the price action during FOMC and if there is any changes to FOMC minutes.
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.