What happened? Japanese shares fell on Monday…
USD/JPY: last high going to be broken
2019-11-11 • Updated
The 21 Moving Average is acting as support, so the price is likely going to test the nearest resistance. If a pullback from this level arrives, there'll be a green light for a local decline.
There's a bullish "Harami", which has been confirmed. In this case, the last high is likely going to be broken soon. If any reversal pattern forms, later on, bears will have a chance to test the nearest support levels.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...