FREE ANALYSIS ON USDJPY - UPDATED

FREE ANALYSIS ON USDJPY


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15 Min
Price testing the 150 EMA line which is also by the black trend line

1 HOUR
Price just hit the 200 MA and was rejected. Also hidden divergence on MACD found. Expecting some down

2 HOUR
Price broke out of all 3 MA's, retraced to test MA 200

OVERALL
I can see 2 options. One is that we see a small reversal down then price will bounce up to make a new high. Secondly, price could break further down to TP1 and TP2

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