$USDJPY | 4H Trade Setup Update ● Current Status: USD/JPY is currently attempting to break 21 MA

$USDJPY | 4H Trade Setup Update

● Current Status: USD/JPY is currently attempting to break above the 21-period moving average after recently falling below the value area.

● Technical Indicators: Bullish Divergence: Momentum and money flow are rising. Stochastic RSI: High, suggesting potential overbought conditions.

● Outlook: Monitor for sustained movement above the 21-period moving average. Watch for any shifts in momentum, as the high stochastic RSI may indicate a potential reversal.