USDJPY sell after today bearish news
Hello guys,
the pair is facing a strong resistance touching a downtrend in the weekly and monthly timeframes.
USDJPY also formed a little daily uptrend that was just broken after today bearish USD news. Moreover, on the 7th of Nov, price touched a strong horizontal resistance.
On top of that, a possible ABCD pattern is forming with a retracement around 0.618 fib.
Happy trading!
the pair is facing a strong resistance touching a downtrend in the weekly and monthly timeframes.
USDJPY also formed a little daily uptrend that was just broken after today bearish USD news. Moreover, on the 7th of Nov, price touched a strong horizontal resistance.
On top of that, a possible ABCD pattern is forming with a retracement around 0.618 fib.
Happy trading!
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.