Awesome Oscillator Divergence in USD/JPY

Divergence is now showing up in the Dollar Yen pair; however, the price now is 96.53, which is well above the low of 96.12.  I’ll watch it for the next few hours to see if it retests the low.  And the Tokyo market is about to open.  We should see some price action in this pair soon.

5/13/09 Update

Awesome Oscillator divergence in dollar yen pair 5/12/09

 

 

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