GBPJPY; CONTINUATION TO THE LOWER?
HELLO TRADERS
for the past weeks yen index JXY has been extremely bearish
but for the past few days we have seen a change in trend
to the upside which implies bearish move for GBPJPY
now back to GBPJPY
gbpjpy has been on a strong move lower managed
to break a strong resistance @ 161.99
moved lower for over 200 pips and retested it
we expect a continuation lower from here
BREAK ABOVE 162.5 WILL MAKE THIS IDEA INVALID
GOOD LUCK TRADERS
IF YOU FIND VALUE IN THIS IDEA GIVE IT A LIKE
for the past weeks yen index JXY has been extremely bearish
but for the past few days we have seen a change in trend
to the upside which implies bearish move for GBPJPY
now back to GBPJPY
gbpjpy has been on a strong move lower managed
to break a strong resistance @ 161.99
moved lower for over 200 pips and retested it
we expect a continuation lower from here
BREAK ABOVE 162.5 WILL MAKE THIS IDEA INVALID
GOOD LUCK TRADERS
IF YOU FIND VALUE IN THIS IDEA GIVE IT A LIKE
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