USDJPY unable to break resistance, big fall may happen
USD/JPY couldn't break through the 139 resistance zone. We have a red daily candle yesterday and it seems the
bulls have finally given up. Bears are getting stronger but no big moves are happening as of now.
It is difficult to predict when the big bearish move will happen but one thing is certain that UJ price is very stretched
and sooner or later, we will have a big pullback.
IMO, UJ should drop to at least 133 but timing the drop is a bit tricky. However, get ready to sell on every rise near 139
and keep holding sells with target being on the 133 level.
bulls have finally given up. Bears are getting stronger but no big moves are happening as of now.
It is difficult to predict when the big bearish move will happen but one thing is certain that UJ price is very stretched
and sooner or later, we will have a big pullback.
IMO, UJ should drop to at least 133 but timing the drop is a bit tricky. However, get ready to sell on every rise near 139
and keep holding sells with target being on the 133 level.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.