Who would dare buy the USD and sell the yen.
I would.
Monthly trend is down but price is at a large monthly DZ, not an area to be going short.
Price is also at weekly demand
then price gave evidence of over-extension with 3 continuation patterns in a row followed by the break of the MoM Trendline, leaving behind, a Demand zone
I would dare to buy the USD up to around 110 as first target and then 111 as second target
I would.
Monthly trend is down but price is at a large monthly DZ, not an area to be going short.
Price is also at weekly demand
then price gave evidence of over-extension with 3 continuation patterns in a row followed by the break of the MoM Trendline, leaving behind, a Demand zone
I would dare to buy the USD up to around 110 as first target and then 111 as second target
Be careful what you think because your thoughts run your life..King Solomon
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.
Be careful what you think because your thoughts run your life..King Solomon
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.