Trend: Down Phase: corrective Trade: SELL NOTE:Truths -Traders will do the same thing over and over again. -In trading, no one to blame and no one to question what price did. -Price can break any low/High because anything can happen. If you fully allign your thinking in line with the truth about the market then you will win.
Great analysis. Yen has break the resistance @ 93.8 and possible uptrend.
Charts247TradingAcademy
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@shazminbahari, Thank you. Yen breaking the resistance does not mean it has changed to the upside. If the upside failed back below the resistance it is a better sell. If it stays above resistance and next day closes above yesterday's high then we can consider buying the Yen.