USDJPY Education

U.S. Dollar/Japanese YenFXCM

Description

⋅ May 10, 2020 4:39 PM

HI Traders
Last week FX:USDJPY we didn't had a breakout u can chk out my last week analysis

Scenario one:
Right now UJ could break upper trend line and test at 107.317
Scenario two:
it could drop to support trend line at 105.966

RSI: is at resistance

Trade closed: target reached

⋅ May 11, 2020 6:48 AM

Comments

Dave-FX-Hunter

⋅ May 11, 2020 6:20 AM

ok.

Fxjulius

⋅ May 10, 2020 7:10 PM

When the RSI is at resistance what does it mean because my analysis shows a short sell.

SA11

⋅ May 10, 2020 10:30 PM

@Julzey, see that trend line at rsi it is acting as a resistance