GBPJPY falling from resistance to support
Not starting to start to the support line for the last trading day, the price immediately rose to the resistance line of 140.227.
There is another resistance line next to it, but I do not think the price will rise to it.
After the price touched the 144.69 resistance line in February, it fell sharply.
Then it began to move in an uptrend.
Over the past week, the price has been moving along the resistance line in a uniform flat movement.
The recent pullback was the largest in a week.
In my opinion, now the price will bounce off the line again and fall to support.
Target -136.885.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
There is another resistance line next to it, but I do not think the price will rise to it.
After the price touched the 144.69 resistance line in February, it fell sharply.
Then it began to move in an uptrend.
Over the past week, the price has been moving along the resistance line in a uniform flat movement.
The recent pullback was the largest in a week.
In my opinion, now the price will bounce off the line again and fall to support.
Target -136.885.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
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