#USDJPY Price broke the trend line and the retest also taken the retest area will be formed in bearish engulfing candlestick pattern so its possible to move the next support level 109.983
Why we like it:
trend line broken and retest taken
formed bearish engulfing candlestick pattern
price will be below the 50EMA
1st support:
109.990
Next Zone area & horizontal swing Low support
1st Resistance
110.396
Zone area & horizontal swing high resistance
Why we like it:
trend line broken and retest taken
formed bearish engulfing candlestick pattern
price will be below the 50EMA
1st support:
109.990
Next Zone area & horizontal swing Low support
1st Resistance
110.396
Zone area & horizontal swing high resistance
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.
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.