USD/JPY Analysis – Bearish Divergence Playing Out?
USD/JPY has formed a bearish divergence, signaling a potential trend reversal or correction.
The price made higher highs, while the RSI printed lower highs, indicating weakening momentum. This divergence, coupled with a trendline breakdown, suggests a possible move lower.
The price made higher highs, while the RSI printed lower highs, indicating weakening momentum. This divergence, coupled with a trendline breakdown, suggests a possible move lower.
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