Sublime_Trading

USDJPY Showing Further Weakness

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Last post: May 13th 2019. See chart.

Review: Price was looking weak after being forced down by the daily 200 simple moving average.

Update: We continue to see weakness in this forex pair which has moved lower since the last post.

Conclusion: As long as price continues to create lower lows and lower highs, the downtrend shall continue.

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