USDJPY in a 1-hour time frame is in a bearish trend and making a series of LLs and LHs. Rsi also shows us the bearish divergence, We can also see a head and shoulder pattern in which the neckline(support) is broken and now the price is in a bearish trend.
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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.