USDJPY is still bearish after closing back inside the recent highs.
A little rally can be expected to testing the prior highs before resumption of bearish slide.
Trade well and remember risk management.
Dear Traders,
USDJPY decisively closed below the recent highs: Bulls failed to extent the breakout above the said highs.
A possible pull-back to the recent highs now acting as resistance may propel USDJPY downward after re-test.
All the best and trade well.
Cheers.
This pair remains relatively bearish. Bulls are weakening with each new high.
The gain may be massive for those who can buy at the right time and the right price.
Happy Trading.
Hello traders,
I am expecting NZDCHF, though clearly exhausted, to extend a little bit higher until the descending trendline.
In the meantime, it may be paying to wait.
Cheers.
