I have had clear negative divergence on RSI (red trendlines) and price for a long time and the down trend confirmed with break in the bollinger band trendlines (blue) and break in RSI trendline (blue). These indicates that the USDJPY might be turning down.
Good to make a short now or wait for price to hit the upper band of the bollinger band.
Check below for other USDJPY analysis.
James Ayetemimowa
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