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Edogawa89
Aug 15, 2018 3:10 AM

$FXY More downside ahead? Short

AMEX:FXY1D
Invesco CurrencyShares Japanese Yen TrustArca

Description

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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

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$86.69 out
Support and ResistancePivot PointsMoving Averagestrendfollowingdowntrendsma50resistance_levelrejectiondownsideshortsetupshort
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