ph7global

USDJPY halting on the longs

Short
ph7global Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
1. Hovering around the tip of the downward channel
2. RSI shows bearish divergence amongst two highs

Looking at temporary short-term short trade
Comment:
Daily volumes are flat while daily bars are decreasing in size - signifies halting longs

Look out for reversing cues

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