JPY: Stochastic sell signal waiting for confirmation below 11.21
Recently, both the RSI & Stochastic oscillators failed to reach as high as they did in the near past, topping below recent highs & signaling weakness. Later, we saw a bearish stochastic cross, but while the price is still above the overnight 111.21. Once we start trading below this level, the Stochastic signal will be confirmed.
Munther T. Marji CMT
Munther T. Marji CMT
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