Looking to trade this pair for a play on Japan strength and Oil and weakness.
Open trade 0.3 Lot Live
Entry Short 81.35
TP 79.45
SL 83.15
Current Price 81.10
Looking to trade this pair for a play on Japan strength and Oil and weakness.
Open trade 0.3 Lot Live
Entry Short 81.35
TP 79.45
SL 83.15
Current Price 81.10
If it falls 10, next support could be at 88.80
I see. I like to get other's reasoning. This depends on your timeframe, I suppose. It turned bearish from September 14 predied on selling in a top. . .thus resisting the rise.Originally Posted by ;
this one isn't looking good for the bulls at this time
volatility is becoming tight on the daily chart and it might break to the disadvantage soon
the alyst to the upcoming bearish move might be the trade equilibrium and employment information from Canada this week
CAD Information was bearish, this pair is now moving south
next major support at 89.720 from where It May bounce
Why is not this moving down.
It hit a strong support level
Where would you think this goes?
It might retest this place a few times before rebounding or breaking off
it is an area that determines whether the pair is bearish/bullish
Best to wait until next week for a more clear way
but should you prefer to become risky, then it is possible to go long with a stop way below 89.720
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