USDJPY Bears parade incoming!

4 Kas 2023

Weekly chart says it all.. the 2022 pattern is now repeating again for the USDJPY pair:

1- Top rejection
2- Bear Doji close
3- Waiting now for confirmaton: bear candle with body closing below previous and lower high

The volume seems to be lower this time so watch out for one last try to test the weekyl Top. Most likely will be rejected so thats a good point for a short!

4 Kas 2023

Not

Daily overview

RSI starting to show some bearish divergency

Price needs a retracement before hunting lower lows due to last previous days



H4 Chart showing RSI divergency



DXY Looking week for USD but also needs a retracement to breath and keep hunting lows