Hello All - DuncanForex here with another trade idea
After a couple of failed XXX JPY trades I have been sat back watching what happens next
With EURJPY bouncing off dynamic support - and with RSI showing divergence.
With Risk Off sentiment - I am looking for JPY to go higher - certainly to the dynamic resistance plotted on the chart
Thanks for looking
Duncan
After a couple of failed XXX JPY trades I have been sat back watching what happens next
With EURJPY bouncing off dynamic support - and with RSI showing divergence.
With Risk Off sentiment - I am looking for JPY to go higher - certainly to the dynamic resistance plotted on the chart
Thanks for looking
Duncan
Trade active
stops moved near to entry point - with USD gaining weakness sooner than expected - this will result in USD JPY dropping lower over night tonight - it is forming an inside day at the moment - especially with GOLD taking off this afternoon - with EUR strength - I do not see it being strong enough against JPY
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Related publications
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.