Buyers liquidation on the back of strong bullish trend. (A big player collects the position)
In general, both technically and fundamentally, the situation remains unfavorable for the Japanese yen. The national currency may continue to weaken and thus test the current ATH.
False breakdown of trend support brings the price back to the range of 155.95-157.23. Possible retest of resistance with the subsequent breakout and growth to the far liquidity zones.
Resistance levels: 157.23, 158.44
Support levels: 155.95, 154.77
The bulls should hold the defense above 155.95 with the aim to continue rising. The intermediate key point is 157.23 with the possibility of further breakout and growth.
Regards R. Linda!
Trade fermée: cible de profit atteinte:
Target 1 reached
Commentaire:
A break of 157.235 will continue the momentum
Commentaire:
Pre-breakout consolidation is forming
Possible breakout of 157.23
Possible breakout of 157.23
Transaction en cours:
Resistance retest with a breakout target
Commentaire:
A breakthrough is forming
Transaction en cours:
Consolidation is forming above 157.23.
If the bulls hold this area, further 158-160
If the bulls hold this area, further 158-160
Transaction en cours:
Breakout of key resistance.
the first target will be reached soon
the first target will be reached soon
Transaction en cours:
The resistance at 158.44 has been tested. We are waiting for a breakthrough and further growth
Trade fermée: cible de profit atteinte:
Target 2 reached
Transaction en cours:
After breaking through resistance, the currency pair is actively going upwards on the background of a weak yen
Transaction en cours:
We continue to hold
There's not much left to the goal...
We continue to hold
Trade fermée: cible de profit atteinte:
160.21 reached!
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
Closing of the session will determine the short- and medium-term potential for traders