Reasons to sell:
1. The market broke below a previous high.
2. The market formed a lower high.
3. In terms of currency strength, the Japanese Yen has a bullish index reading of 44% while the Canadian Dollar has a bullish index reading of 42%.
Short Opportunity:
- Stop Loss: 79.600 (60 pips)
- Take Profit: 77.000 (200 pips)
1. The market broke below a previous high.
2. The market formed a lower high.
3. In terms of currency strength, the Japanese Yen has a bullish index reading of 44% while the Canadian Dollar has a bullish index reading of 42%.
Short Opportunity:
- Stop Loss: 79.600 (60 pips)
- Take Profit: 77.000 (200 pips)
Note
Close profits,price is struggling to beat the support level.Rather stay out of the market during uncertain times.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.