USD/JPY analysis for April 26, 2019

USDJPY has created fake breakout of the resistance 112.13 ins the background plus a bearish divergence, which are signs that buyers lost momentum and sellers started to distribute positions. We expect further downside. Upward redline – major support trendline (broken) White line – bearish divergence Green rectangle – decision level support (broken) USD/JPY is trading […]