USDJPY testing resistance, potential reversal | 25 June 2020 Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 25, 2020 7:24 AM

Price is testing resistance where we could see a reversal below this level. Stochastic is showing signs of bearish pressure as well.

⋅ Jun 25, 2020 7:25 AM

Comments

internationalbabagroup

⋅ Jun 25, 2020 1:20 PM

i admire to meet you lady what a classic example you have given with details.

FXCM

⋅ Jun 26, 2020 4:38 AM

@internationalbabagroup, thank you for your kind words, hope you manage to catch the reversal!

internationalbabagroup

⋅ Jun 26, 2020 10:35 AM

@FXCM, Sure

nrmt2010

⋅ Jun 25, 2020 11:53 AM

Great analysis and explanation. I wish you good luck and CU Soon...

FXCM

⋅ Jun 26, 2020 4:38 AM

@nrmt2010, thank you!

leapf9profit

⋅ Jun 25, 2020 8:05 AM

I like and have been following your analysis in managing my trade. I would like you to also do analysis for USDMXN

FXCM

⋅ Jun 26, 2020 4:39 AM

@leapf9profit, thanks, glad its working out! will do that if I spot a nice setup in place

lovefaithhope676

⋅ Jun 25, 2020 7:58 AM

Great analysis!

FXCM

⋅ Jun 26, 2020 4:39 AM

@lovefaithhope676, thank you! hope you caught the drop too!