Uj major bearishness ahead?

22 giu 2023

We could really see a major move to the downside with uj here. Going back 69 days from june first low gives me a daily resistance of 142.979 (blue line) and going back 112 hours from the same june 1st low gives us an intraweek resistance of 142.767 approx so this will be my entry. If this reversal is successful then the chances of a breach of the June 1st low is likely and a larger timeframe move to the downside could be in its beginning stages. Good luck.