USDJPY is being rejected by 145
USDJPY is being rejected multiple times by 145. It has formed an ascending wedge (usually bearish) and is testing an important 145 level. A confirmed break below 142 would indicate a possible deeper reversal pullback is coming. There is visible RSI negative divergence supporting this also US yields are coming off from the high and FED could be indicating the USD strength as worrying at this stage of the inflation battle.
Note: look for the short trade entries with the stop loss above 145
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