Looking for a breakout to the downside on the USDJPY toward 92
USDJPY was consolidating for verylong so far
any breakout from current range could send the price 1000 pips either ways
Breakout to the upside would send the price to 128
on the downside we might see 92
Divergence and Strength indexes suggest a breakout to the downside which I personally in favor of.
however one obstacle still persist which is the EMAs 50 & 200 as the price is still above them
any breakout from current range could send the price 1000 pips either ways
Breakout to the upside would send the price to 128
on the downside we might see 92
Divergence and Strength indexes suggest a breakout to the downside which I personally in favor of.
however one obstacle still persist which is the EMAs 50 & 200 as the price is still above them
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