USDJPY | SELL ON BREAK
USDJPY has been trading under the bearish resistance trendline. It is taking a hit from the falling trendline.
However, the price is converging with in a triangle. The candles formation near the falling resistance projects a break down below the rising support
Wait for the price to break above or below and take positions accordingly
However, the price is converging with in a triangle. The candles formation near the falling resistance projects a break down below the rising support
Wait for the price to break above or below and take positions accordingly
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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.
Related publications
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.