jado_r

Looking for a breakout to the downside on the USDJPY toward 92

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FX_IDC:USDJPY   Dólar Americano/Iene Japonês
USDJPY was consolidating for verylong so far
any breakout from current range could send the price 1000 pips either ways

Breakout to the upside would send the price to 128
on the downside we might see 92

Divergence and Strength indexes suggest a breakout to the downside which I personally in favor of.
however one obstacle still persist which is the EMAs 50 & 200 as the price is still above them
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