karq

Mixed feeling about USDJPY

OANDA:USDJPY   美元/日元
Last week UJ did a pullback to the last support level after a strong bearish move that broke the support level.. This week 2 things can happen, the pullback will end and trend will continue in the bearish direction or it will break above the resistance level and move to test the range high again.

The downward momentum was quite strong that it probably will continue in the bearish direction.

What do you think?

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