Possible bearish rally

By Hoddgittoo
Updated
UJ has tested the TL for the fourth time and seems like bears are trying to push it further down. This is ALMOST confirmed on the 4hr time frame since it has bounced back to the TL and is attempting to break a very strong daily SR in the 111.800 area.
Comment
Be more patient. Wait for break and retest of TL to confirm reversal..entered too early
Trend Analysis

Disclaimer