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Could Divergence Explain The Recent USDJPY Rally?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The recent USDJPY rally has come as somewhat of a surprise given the relatively strong Japanese indicator results released early this week. Whilst a Bullish USD is giving hope to some traders, the pair’s recovery might be short-lived if an impulse wave completes. Moreover, a weak MACD divergence signal might[​IMG]

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