USDJPY has been in a bullish trend since the start of the year as it is trading above the trendline and 50d SMA.
However, the trend looks pretty mature as RSI started to show bearish divergence and MACD is flattening. Is this the top?
The possible drop could be 129.000 and 130.000.
Let us know what do you think of the idea?
However, the trend looks pretty mature as RSI started to show bearish divergence and MACD is flattening. Is this the top?
The possible drop could be 129.000 and 130.000.
Let us know what do you think of the idea?
