USDJPY At Monthly Candle Close Resistance and Bearish Butterfly

28 thg 9, 2022

USDJPY is slightly above the PCZ of a Bearish Butterfly and right at Monthly Candle Close Resistance with Bearish Divergence on both the MACD and RSI this will be the last line of defense for the JPY.

Here below you can see the Monthly S/R zone:

25 thg 10, 2022

Giao dịch đang hoạt động

As can be seen here a Bullish 3 Line Strike has fromed on the Daily Timeframe Just above the 1.618 PCZ of our Bearish Butterfly. If all goes well we should not go any higher from here.

23 thg 11, 2022

Ghi chú

To go along with the Bullish Butterfly on the JPY we also have a Bearish Deep Crab on the DXY that i just spotted: