– Time = 4H – Structure = Downtrend – Pattern = Descending Triangle – Tendency = Downtrend – Technical indicators are indicating " Neutral & Bearish ** Japan’s Tokyo inflation up by just 0.2% YoY in April, manufacturing output down to 41.9.
– The price is gradually declining there's a Strong chance it will break its Dynamic Support level 106.250
Conclusion: In my personal views if the price breaks the Resistance and retest it leading its way to the BEARISH
----------------- Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.