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ZorgOros
Mar 11, 2021 4:40 PM

possible moving of UJ 

U.S. Dollar/Japanese YenFXCM

Description

the cloud is dense

I don't think the price could break it.

as we see there is a possible price break on the bottom side of the triangle pattern.

the resistance area shown by green is the EMA 200 of the 1H time frame which could be good support, but if it will break then we could assume that a bearish trend might start.

this is just an idea and we will what happens then discuss more.

Comment

I will sit and watch till price breakthrough the bottom or upper side of the triangle then will decide

Comment

faild
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