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Nikkei 225: Bearish Divergence at Bearish Butterfly PCZ

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Japan 225 (JPY) (OANDA:JP225YJPY)  
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OANDA:JP225YJPY   Japan 225 (JPY)
Harmonic Patterns Technical Indicators Trend Analysis jpy recession Nikkei 225 CFD Butterfly Bearish Butterfly asx200
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harmonicpatterns indicator trendanalysis jpy recession ni225 butterflypattern bearishbutterfly asx200
There is Bearish Divergence on both the RSI and MACD at the PCZ of a Bearish Butterfly, and there will hardly be any support until we reach the 1.618 Fibonacci Extension down at 18627JPY, but from the looks of it, it will likely be a very fast drop followed by an even faster recovery, but in the meantime the JPY could gain some strength.

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