Looking like a good opportunity to short UJ. It's trading between the trend lines and just hit a resistance level from a year ago and failed to break it. This resistance is also right at the point of the trend so it'll have to break both. If it does break, we'll see a massive move up towards the ~116.00 mark.
The Stoch RSI is curently oversold and the RSI has just hit a trend line.
Trade with caution.
The Stoch RSI is curently oversold and the RSI has just hit a trend line.
Trade with caution.
Profit:730 pips