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KarYong

USDJPY: Potential Double Top Divergence

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
KarYong  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY Divergence Double Top FXP
4
0
usdjpy divergence doubletop fxp
After more dovish comment from Yellen yesterday, the bearish momentum and sentiment are evident on the price action of USDJPY.

From a technical analysis point of view, we have a potential double top divergence setup should price retraces back towards the 61.8 fibonacci level.

www.fxpresearch.com/
www.alphaplay.com.sg/

Cheers,
KY
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