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Profound_Ambition

JAPAN 225 Daily

Japan 225 (OANDA:JP225USD)  
Profound_Ambition Updated   
OANDA:JP225USD   Japan 225
Trend Analysis Support and Resistance Supply and Demand JAPAN 225 jpy
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trendanalysis supportandresistance supplyanddemand jp225usd jpy
Sharp pin bar candle off all time high resistance level. The 2 zones below are where I will watch price.. This pair is correlated oppositely from the JPY, & is a good way to identify strength.
Comment:
snapshot
H4: A doji candlestick leading with a strong bearish engulfing indicates a strong reversal can occur
Comment:
snapshot
potential break above all time highs, if price retests broken structure as new support, we will see a move higher which will mean weak JPY will continue overall.
Comment:
snapshot
Reason JPY is losing strength currently, break & retest of all time highs .
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