USDJPY: Divergence [+Trade Signal]!

USDJPY: Divergence [+Trade Signal]!

23 May 2016, 08:47
AynGannRand
0
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In our last article here, we discussed the potential move that USDJPY needed to make towards new highs, especially a jump over 110 by targeting more than 110.40. Also, USDJPY broke above the bearish upper-bound that we were expecting to see in order to confirm this bullish rally off the lows.

In this article, we will discuss our short-term view (up to 4 weeks) on USDJPY and our medium-term outlook for the next 3 months.

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