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!
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(don't copy, click on the links!)
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
🌹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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.