XDN trade ideas
JPY upside for few daysJPY sellers has been week.. buyers take the batton for few days . it ll reflect on usdjpy and chfjpy.lets see
Should JXY finds support at trendline @91.4 next weekShould JXY finds support at trendline @91.4 next week???
JXY has new fiscal stimulus for next year, and suppose to support the currency to be higher.
We will observe if JXY finds substantial support at trendline and find good time to buy!
Jpy Index OutlookJpy looks like it could have a strong finish of 2019.
The index is trading on an ascendant trend, putting in higher lows
Friday candle is a pin bar and a break of 92.20 zone could expose 93.50 zone in the medium term.
Strategy:
Look to sell especially EurJpy, AudJpy, CadJpy and ChfJpy
EXPECTING A BREAK OUT ON THIS JAPANESE INDEXI AM EXPECTING A BREAKOUT OF THE NECKLINE, MAKING JAPANESE YEN WEAK IN THE COMING DAYS
