The last time we analyzed the chart, the price was around 107 and we expected to climb to the range of 109, which was a good analysis and went exactly according to the analysis. But with the price reaching 109 charts, it started to decline. The last few weeks have seen a sharp drop in the yen in the market, but due to the negative news published for the dollar, we have not seen a rise in prices and even the price has fallen. For next week, we expect the price to drop to the range of 107 and then 105. If the price wants to fall, it must first break the short-term trend line. If the price does not cross this line and rises and crosses the weekly long-term resistance line (blue line) and stabilizes above the line, we must prepare ourselves for longer-term goals.
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📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
