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Sublime_Trading
Jun 2, 2018 12:50 AM

Resistance Holds Strong on The TRYJPY Short

Turkish Lira/Japanese YenFXCM

Description

Last post: May 25th. See chart.

Review: Price was continuing to weaken as the bears remained in control of the market.

Update: Price pulled back to resistance and the bears are now back in control with good weakness towards the end of the week.

Conclusion: A break and close below the draw-in pivot support is still required and ideally in the form of a bear flag.

Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!

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