MACD divergence H4 on USDJPY . The price had bounce from 0.61 fib and 0.78 Fib. The price should bounce again from 0.61 or 0.78 and go to the support level. From there if will break then the divergence will confirm if not then will continue with the channel on long position
The price break the channel line and make a STC so if the price break the 0.66717 line then we can enter with a long position.
We will wait to see what line will cross and will wait for a confirmation. But I think with all "risk on" the NZD is more powerful so Maybe will be a short trade.