04 January 2021 (USD/JPY)

04 January 2021 (USD/JPY)

  • Date: 04-01-22

Attached chart is #usdjpy weekly,
forming the diamond pattern with breakout but it’s not convincing at all, considering low volume, new year flow &,it’s forming negative double divergence with rising wedge coming to resistance
consider selling it between 115.750-116.200 for the medium term targets of 113.700 & 111.750.