The UJ made a short crash through the cloud on Wednesday, it has been trying to punch back upwards but finding strong resistance at around 116.8-117.1, IF it can stay below the cloud long enough for the chikou span to move below the cloud this should indicate a long term downward trend for at least a week or 2.
I am not saying to short it just yet but keep and eye on it :)
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.