SwingAndPip

Bearish Divergence

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
0
Seeing a bit of divergence. If we cant sustain the 50MA looking for a move lower to 114.4-114. This is likely to happen as profit taking usually occurs before big event risk ie. Friday. We saw that in the GBPJPY pair today I was up 300 pips and an hour later only 200. So be careful to look for news events!

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