usd/jpy technical reflection
Updated
bouncing from a 2017 low, daily pivot point and a fib. level.
seems like its gonna trade inside a range between a 2008 high and a 2017 low
early this week we saw reversal patterns (candles) and technically it looks like bullish moves should be able to continue next week
could as well simply just be a recovery from the big downside from late last week?
lets see how it turns out!
(a complete fundamental analysis should be done before trading this)
(i have been wrong before, do your research before trading mine)
seems like its gonna trade inside a range between a 2008 high and a 2017 low
early this week we saw reversal patterns (candles) and technically it looks like bullish moves should be able to continue next week
could as well simply just be a recovery from the big downside from late last week?
lets see how it turns out!
(a complete fundamental analysis should be done before trading this)
(i have been wrong before, do your research before trading mine)
Comment
im sorry for the ¨messy¨ chart, but every trend line are important (in my opinion) when doing a TA
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