USDJPY has been very strong for a few weeks now but now could be the time to catch a breath. Price already pulled back from a major resistance area and RSI shows divergence which points out the price might pull back further.
We will try to sell the pair between 115.80-116, with targets 114.80 and 112.5 respectively
We will try to sell the pair between 115.80-116, with targets 114.80 and 112.5 respectively
Note
First TP hit
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Disclaimer
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.