AnriErikanov
Short

An oppurtunity to SHORT USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen
43 0 3
After a very bearish move previous month the dollar recovered by 80% and founding resistance back at the previous trendline ,potentially bounce back off to around 107.850 wich has been a strong support level .

RSI shows a divergence that could turn this pair back bearish again the long term trend is also bearish .

Other then that there are 2 main economic events (The Durable Goods Orders,The Durable Goods Orders ex transportation) both are very important they are confilicting each other
first one forecasts bullish dollar while the second forcasts bearishness.


Stops are placed above trend resistance if it breaks through I am going to exit


English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out