The TRYJPY Weakens Further

FX:TRYJPY   Turkish Lira/Japanese Yen
Last post: June 13th. See chart.

Review: Price had bounced off resistance suggesting weakness back in the direction of the bear trend.

Update: Price has continued to weaken but is a distance away from breaking and closing below the pivot support of May.

Conclusion: Applying patience and waiting for price to clear support before placing further short trades.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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Short forever goes on?
Very interesting post. Thank you. Looking forward to enter this trade.
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