USD/JPY 4H Chart 12/5/2012 7:45AM EST Breakout, failure: Last Friday (11/30), the USD/JPY broke above a flag pattern as seen in the 4H chart. Bullish momentum was preserved as the RSI held above 40 and pushed to 70. However, despite these signs of a bullish market, it failed to extend above the 82.83 November high. This failure is followed by a bearish swing so far and the USD/JPY is trading around the 82.00 handle to start the 12/5 US session. The RSI is at 40 again, a break below which would
