
Originally Posted by
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I will look for a sell trading chance on the USDJPY weekly. This is why, according to my technical analysis. Price action on the pair was southward bound for a little while, particularly since December 2016 following the 78.6 Fib retracement of their downward swing from the high of June 2015 to the low of June 2016. At the time period, price action is respecting a descending trendline from the top of January 8, 2018. Current price action is loed in the horizontal support round the 105.130 area. Should price break down the support zone on at least...