On USDJPY, price is sitting around a resistance and trading inside a channel. Three touches has been formed around the lower trendline, the MA60 breaking and a valid divergence in MACD. All this can lead us to a possible Short scenario. Wait like an eagle, the prize in comin'.
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MacroForex
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MacroForex
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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.