USD/JPY Weekly overview. Short as a flag is forming!
Hello fellow traders,
This is my own weekly overview about the UJ pair. Seems like a flag is forming confirmed by a bearish divergence on MACD and more bearish action is expected at least to 104.000/103.000. The bearish move might be interrupted by Trump inauguration by the end of the week. However, next week price action will clarify the whole idea.
This is my own weekly overview about the UJ pair. Seems like a flag is forming confirmed by a bearish divergence on MACD and more bearish action is expected at least to 104.000/103.000. The bearish move might be interrupted by Trump inauguration by the end of the week. However, next week price action will clarify the whole idea.
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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.