Today's JPY news has sparked a bearish reaction, with price breaking and retesting the trend line on the 1-hour chart.
Near-term Outlook:
Expecting further downside momentum, targeting the previous month's lows.
Key Levels to Watch:
- Broken trend line
- Previous month's lows
PS: This analysis is for educational purposes only and should not be considered financial advice and always remember to practice good risk management.
Near-term Outlook:
Expecting further downside momentum, targeting the previous month's lows.
Key Levels to Watch:
- Broken trend line
- Previous month's lows
PS: This analysis is for educational purposes only and should not be considered financial advice and always remember to practice good risk management.
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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.
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.