Current resistance has been tested fourth time since 2000, which formed inverted head and shoulder in the weekly chart. Do be careful when you trade in this area, you should wait for break up or rejection from the current resistance area. On my view, the resistance remains strong as JXY at the overall low since 2008.
Note
Broke up, sky is the limitDisclaimer
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.