Of course one should not act on the Stochastic alone, this indicator often signals overbought condition during strong rallies. But looking at price action we can see that the USD/JPY peaked at 121.84 on December 8th and has been unable to move higher since then. A rally during th…
Of course one should not act on the Stochastic alone, this indicator often signals overbought condition during strong rallies. But looking at price action we can see that the USD/JPY peaked at 121.84 on December 8th and has been unable to move higher since then. A rally during th…