JPY STRENGTH
This pair is in a downtrend and currently we are at 61.8% fib level on 8h chart indicating SHORT.
On 1hr chart we have ABCDE correction and we are currently at E indicating SHORT.
At E, we have price form a divergence indicating BEARISH reversal (SHORT).
On 1hr chart we have ABCDE correction and we are currently at E indicating SHORT.
At E, we have price form a divergence indicating BEARISH reversal (SHORT).
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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.