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U.S. Dollar / Japanese Yen
Short

USDJPY time for a correction?

By Alphamoney870
Updated
looking for a quick trade before FOMC minutes today.
SHORT ENTRY- 145.750
STOPLOSS- 146.200
TARGET- 145.000 AND BELOW
Comment
Slight RSI divergence is present on 1hr so expecting a brief correction so this should hopefully be a quick trade using FOMC as a market mover or it could do nothing. Will update after i see the price action during FOMC and if there is any changes to FOMC minutes.
Trend Analysis

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