U.S. Dollar / Japanese YenUpdated Still in Downtrend.
Strong Resist/support near the yellow line
JPY pairs are still in downtrend. What we see so far is strong pull back as Abe says some statements that will beneficial Japan.
JPY pairs are still in downtrend. What we see so far is strong pull back as Abe says some statements that will beneficial Japan.
Trade active
Note
Position: Short SL Above the Yellow Line.
Note
Will take profit out at the purple area, JPY pairs are now "officially" in uptrend in this period of time.
Trade closed: stop reached
Very Bearish Move By JPYNEW Strategy of JPY pairs, buy low when pulls back
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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.