Nov 3 2015: BEARISH USDJPY Daily:Consolidating in narrow range; Bearish BAT (Analysis Based on Daily chart)
Observations 1. For the past couple of weeks this pair has been trading in a narrow range. 2. Price currently at resistance 3. RSI overbought at swing high 4. RSI hidden divergence 5. Bearish BAT pattern
NOTE: Wait for price action to confirm the importance of these levels.
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