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Edogawa89

$FXY More downside ahead?

Short
Invesco CurrencyShares Japanese Yen Trust (AMEX:FXY)  
Edogawa89 Updated   
AMEX:FXY   Invesco CurrencyShares Japanese Yen Trust
Support and Resistance Pivot Points Moving Averages trendfollowing downtrend sma50 resistance_level rejection downside shortsetup short
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supportandresistance pivotpoints movingaverage trendfollowing downtrend sma50 resistance_level rejection downside shortsetup short
$FXY Topped on late March, marching lower since then. Rejected twice at the sma50 (dynamic resistance). Today it closed red. More downside ahead? Closing price: $86.02
Trade closed manually:
$86.69 out
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