$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 -

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