The dollar is looking weak, I expect UJ to fall as well.
UJ showed some strong weakness last Wednesday following the drop in price of the dollar.
Looks like supply is in control atm, I would like to see price breaking the newest low to confirm the bearishness on UJ.
When it does, I'll start looking for new short opportunities when price mitigates the current move.
UJ showed some strong weakness last Wednesday following the drop in price of the dollar.
Looks like supply is in control atm, I would like to see price breaking the newest low to confirm the bearishness on UJ.
When it does, I'll start looking for new short opportunities when price mitigates the current move.
Note
TP hit!
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.
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.