UJ Bearish!
UJ forming lower lows and lower highs on Daily time frame, indicating a bearish market. Price tested & failed to close above 130.750 multiple times which is a indication of strong support/resistance level based on the Daily as well as our .5 fib level acting as resistance. Anything can happen, we just react when the time is right!
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.