jappy

AlexxChan AlexxChan USDJPY, 240, Short ,
USDJPY: USDJPY Bearish Divergence
403 5 12
USDJPY, 240 Short
USDJPY Bearish Divergence

USDJPY is showing some bearish divergence. With prices hovering around the 76.40% region and prices losing steam to break higher. I expect prices to head down to around the 61.8% region.

AlexxChan AlexxChan USDJPY, 240, Short ,
USDJPY: USDJPY IS A STRONG PAIR
159 0 6
USDJPY, 240 Short
USDJPY IS A STRONG PAIR

The jappy has proven itself to be the safehaven zone for many traders after all the events surrounding Brexit. A good scalp position holds as USDJPY heads up to an area of resistance and trend line. It may also head down at 102.491, as it's right at a significant trendline and 76.4% fib levels. I expect the pair to continue to fall lower in the future

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