USD/JPY 60min Double Top, Daily RSI Bullish Divergence
There is potential double top on the 60min at 108.59. Price ran right into some structure. The overall trend is bearish and this looks like a relief really. I would have my stop just above structure at around 108.79 and look to take profits at 107.40. Now on the Daily there is some bullish divergence on the RSI. I think price will pull back to the 107.30's level before making a stronger push up. Good luck trading out there.
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