UJ is so risky position for Bullish or Bearish
Hello Traders,
All of USD pairs is showed as USD is so weak. Though USD is good data like NFP and CPI data, but it was not bounced up, no big movement. Currently, I is showed strong bearish movement. But if you have a enough fund, it seems to be bull on 101 area.
But the Major Monthly Trendline is broken out. So, current movement is more down. I think you may see 101.
I found 3 of position historical. Those positions are on 107.4 area. Now, it is standing on around this price. If it is moved down below 106.8, then we will see 101. and then it will be started to retrace on 101 area.
Please, review the my daily chart and comment for me.
Thanks,
Good Luck!
All of USD pairs is showed as USD is so weak. Though USD is good data like NFP and CPI data, but it was not bounced up, no big movement. Currently, I is showed strong bearish movement. But if you have a enough fund, it seems to be bull on 101 area.
But the Major Monthly Trendline is broken out. So, current movement is more down. I think you may see 101.
I found 3 of position historical. Those positions are on 107.4 area. Now, it is standing on around this price. If it is moved down below 106.8, then we will see 101. and then it will be started to retrace on 101 area.
Please, review the my daily chart and comment for me.
Thanks,
Good Luck!
Trade closed manually