structure is king and here it seems bulls are very weak. most likely another bear wave coming! happy holidays!! like if you found the chart helpful!
Japanese yen index seen their bullish RSI divergence. I think the Japanese yen will rise after the last few days continues to weaken. potential reversal zone are in the area 86.7
japan has been in a sharp uptrend recently that has all other pairs falling against it. now the japanese index shows us the yen has reached a strong supply zone and the yen is at the top of its daily channel. we can expect the pullback to come in as people realize the yen is overvalued.