Is JPY on the verge on plummeting?
We saw JPYX form a rounded top around 860, which is usually a reversal pattern after a sustained move to the upside.
This was then followed by a clean break of the trendline that held since late last year on the daily chart, as well as break of 831 support.
Could we see the break play out and JPYX extend lower to 811.
One for the radar!
This was then followed by a clean break of the trendline that held since late last year on the daily chart, as well as break of 831 support.
Could we see the break play out and JPYX extend lower to 811.
One for the radar!
Global risk Warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading in CFDs. You should consider whether you understand how CFD
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.