RLinda ! USDJPY-> The national currency continues to weaken
USDJPY breaks up after the release of the Fed data. The Japanese yen is weakening on the backdrop of a stronger dollar.
On the chart, we can see the retest of the upside resistance, a false breakout is formed and at the moment the currency pair is in the stage of a technical pullback. I assume that local bearish movement can be directed towards the support of 139.91, which is at 0.382 Fibo level, or below -136.637 - 0.5 Fibo level.
I assume that in the short term the price can continue its growth, as the fundamental factor is strong for such a period. I expect a pullback to the support and then continue the growth to 137.85
Regards R.Linda!
On the chart, we can see the retest of the upside resistance, a false breakout is formed and at the moment the currency pair is in the stage of a technical pullback. I assume that local bearish movement can be directed towards the support of 139.91, which is at 0.382 Fibo level, or below -136.637 - 0.5 Fibo level.
I assume that in the short term the price can continue its growth, as the fundamental factor is strong for such a period. I expect a pullback to the support and then continue the growth to 137.85
Regards R.Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.