Main talking Points
- US dollar has gained value in recent days against its major currency counterparts.
- 1 may be a technical correction in light of the above point
- USD/JPY may struggle to break through the trend line established since early September making the downward slope trend line a strong resistance level, we may see the pair under sell pressure pushing it toward the 100 ish support level again.
Trading setup << Short
-
- US dollar has gained value in recent days against its major currency counterparts.
- 1 may be a technical correction in light of the above point
- USD/JPY may struggle to break through the trend line established since early September making the downward slope trend line a strong resistance level, we may see the pair under sell pressure pushing it toward the 100 ish support level again.
Trading setup << Short
-
Note
I.e << Short term Signal
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.
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.