EHMFO

JPY Market insight

FX:JPYBASKET   FXCM Yen Index Basket
The higher Timeframes tell us we Long term Downtrend however we have seen less intent of movement to the downside.
Things to Consider before a Trend change:
1.Break of previous Lower high .
2.Create new Higher highs x2 or move
3.Reject Broken key levels.
Till then we should be considering selling on the Long-Run

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