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Japan 225

JAPAN 225 Daily

By Profound_Ambition
Updated
Sharp pin bar candle off all time high resistance level. The 2 zones below are where I will watch price.. This pair is correlated oppositely from the JPY, & is a good way to identify strength.
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snapshot H4: A doji candlestick leading with a strong bearish engulfing indicates a strong reversal can occur
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snapshot potential break above all time highs, if price retests broken structure as new support, we will see a move higher which will mean weak JPY will continue overall.
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snapshot Reason JPY is losing strength currently, break & retest of all time highs .
JAPAN 225jpySupply and DemandSupport and ResistanceTrend Analysis

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