The USDJPY after the false-break formed a strong momentum of 300 pips and broke the resistance of the 136.7 range, which means that the price entered the short zone of the range, and it is logical to expect a fall in the price.
On the chart we can see that the price is testing the resistance, the local trend is downtrending and I believe that the price may stay in the short zone.
I assume that after testing 136.7, the price will not be able to break up this level and will start to consolidate under it. I expect a fall after consolidation. The short-term target is the support 134.48.
Regards R.Linda!
On the chart we can see that the price is testing the resistance, the local trend is downtrending and I believe that the price may stay in the short zone.
I assume that after testing 136.7, the price will not be able to break up this level and will start to consolidate under it. I expect a fall after consolidation. The short-term target is the support 134.48.
Regards R.Linda!
š¹TRADING is a CASINOš!?
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
š¹TRADING is a CASINOš!?
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.