USD/JPY Plausible price action
The pair is not yet ready to spike or at least there are not sufficient signals for such behavior. The RSI and price are in a divergence and the previous trend was outperformed by the current channel. I could not find proper legit waves to apply to the chart. It would be great if someone shows me a plausible wave pattern. Even so, the price is slowly but steadily turning into bullish.
*Disclaimer: this is for educational purposes only*
*Disclaimer: this is for educational purposes only*
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