USD/JPY Forecast: Re-test of 115.00 likely
Despite Friday’s rally, the failure to hold above 117.00 today in the wake of the daily bearish price RSI divergence suggests the pair is likely to re-test 115.00 handle.
A daily close below 115.00 would add credence to the bearish divergence and signal a top is in place at 118.66 levels.
A daily close below 115.00 would add credence to the bearish divergence and signal a top is in place at 118.66 levels.
