$USDJPY Forecast and Trade setup for 30th March to 3rd April 2015

$USDJPY Forecast and Trade setup for 30th March to 3rd April 2015


Weekly Chart


  • Negative Divergence on RSI
  • Failed rally is what i can see because from the 61.8 fib

Daily Chart

  • Daily you could see a big drop in RSI momentum
  • Ichimoku is still on up trend, however could be easily broken as the cloud is weak
Hourly Chart

  • 4hr Ichimoku already have broken the up trend
  • Looks likely to test the 117.00 -116's

Outlook Trade opportunity

Personally I have a short trade from the ichimoku break and trendline break from the H4, and on top of that a weekly 61.8 fib

Risk Level __


Tips -

Always take note of any economical news event on our provided calender below



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