USDJPY SHORT Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Nov 8, 2017 12:19 PM

Price failed to create a new high at the weekly resistance, then continued to decline and break the 4HT support at 113.68, anticipating more bearish momentum to daily sup 1. Confluence with lower highs and bearish spikes on daily time frame.

Trend Analysis