USDJPY set up to fall to VWAP support SHORT

מעודכן
USDJPY has been in a narrow range consolidation since a one week trend up from March 14-20.

The dual time RSI indicator shows the faster green RSI line under the stable slower RSI line

showing some bearish divergence. The predictive also's blue line forecasts a slow downturn.

I am taking a short forex trade on USDJPY expecting price to fall into the support of the

mean VWAP at 150.638. This is about a 0.67% move to be leveraged for a modest profit

considering the risk taken. The stop loss is 151.9 just above the higher first upper VWAP line.
הערה
Zoom in chart תמונת-בזק
הערה
Pair is sideways today. Holding full position.Watching for a move lower.
הערה
Same as yesterday. Holding patiently.
anchoredvwapdollarweaknessDXYForexMoving AveragesTrend LinesUSDJPYVolumevwapbreakdown

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