UJ Bull Market Run Offically Over?
Since the rumored BOJ intervention at price 152.000, USDJPY has struggled to continue bullish movement and has only pushed further downward.
The market seems to be flipping over into a bear after constant movement upward since March of this year starting at price 115.000, to the yearly high of 152.000 in October.
MA's are currently converging which is a good sign for movement, and I am expecting the price to continue to push down and complete another bear wave.
Entry: 138.800
Targets: 138.560 | 138.300 | 138.070 | 137.800 | 137.600 | 137.330 | 137.065 | 136.870 | 136.650
Support: 136.500
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The market seems to be flipping over into a bear after constant movement upward since March of this year starting at price 115.000, to the yearly high of 152.000 in October.
MA's are currently converging which is a good sign for movement, and I am expecting the price to continue to push down and complete another bear wave.
Entry: 138.800
Targets: 138.560 | 138.300 | 138.070 | 137.800 | 137.600 | 137.330 | 137.065 | 136.870 | 136.650
Support: 136.500
Be sure to like this post and let me know what you think in the comments
Trade geschlossen: Ziel wurde erreicht
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about USDJPY
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