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Profound_Ambition
Jul 22, 2018 7:22 PM

USDJPY Daily 

U.S. Dollar/Japanese YenFXCM

Description

Price is coming down to previous broken resistance / Trendline support. From here I will be watching for either a break or bounce..

Comment

Sensing a bounce is to come
Comments
Premium_Tendies
RSI and MACD divergence indicate a steeper fall. As does the 10,6,6 stochastic on the daily chart. Intra day bounce possible but a short on a larger timeframe.
Profound_Ambition
@zader33, Im currently long, in swing mode. Price bounced off support, & broke the weekly downtrend line / retested. A strong move can now occur
Premium_Tendies
@eazywayout, As long as US Yields stay relatively flat, I'm going to hold my shorts. Gold is also bottoming out on both Daily and Weekly charts.
CAPTAIND33
Yeah I missed the short at 1300 dang but watching for bull run or more losses also using the trend on daily and h1 frames
olatrader
looks like a bounce
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