USDJPY in Bearish Triangle | 28 April 2020
Hey USDJPY today is in a bearish triangle where we are waiting for a final point 5 touch with the trendline. If price can break below the key support level a stronger drop is to happen !
entry: 106.96
sl:107.42
target: 105.59
entry: 106.96
sl:107.42
target: 105.59
Note
Note
Price broke below the triangle and is pulling back to the support-turned-resistance level, which could be a start of a sharper drop from there!
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Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
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.