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theforexportal
Mar 25, 2017 11:09 AM

GBPJPY neutral - no obvious clear direction 

British Pound/Japanese YenFXCM

Description

Traders Dynamic Index
D1 squeeze tightening. Market line under 50. RSI headed down.
H4 mildly bearish
H1 turning mildly bullish

Structure
BULLISH above 136.45

Current outlook
Neutral

Trade idea
SELL under 137.00 for a deeper move south
BUY above 139.33 for a move to test resistance in 140.25 - 140.56 area.
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