Time Frame: Daily
Symbol: JPYUSD
Bias: Short
The congested price pattern of JPYUSD shows its inherent weakness and dependency to US Dollar. There is no hope of strong price move until dollar moves in any direction. However, considering the nearest support and resistance and price pattern, we are in favor of shorting .
Symbol: JPYUSD
Bias: Short
The congested price pattern of JPYUSD shows its inherent weakness and dependency to US Dollar. There is no hope of strong price move until dollar moves in any direction. However, considering the nearest support and resistance and price pattern, we are in favor of shorting .
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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.