Dollar A.S. / Yen JepangPenjualan
USDJPY short daily chart
The pair is approaching the completion of a descending triangle wedge pattern. With the pair being rejected by multiple established resistance levels and leaving consecutive doji stick candles coupled with mounting US China tensions and fear of economic weakness, I believe the down trend will continue.
I have targets set for the 104.466 support level which is the completion of the triangular wedge pattern however, depending on circumstances then, the trend may continue as far down as the 101.165 level or the wedge pattern will pop it into an uptrend.
I have targets set for the 104.466 support level which is the completion of the triangular wedge pattern however, depending on circumstances then, the trend may continue as far down as the 101.165 level or the wedge pattern will pop it into an uptrend.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.