• Japan government finally intervenes in the FX market to try and support the Yen
• Major currencies lost almost 300 pips against the Yen following the news
• On the chart above, illustrated an ascending channel the Dollar Yen is trading in, a bullish pattern indicating further gains on the cards
• Also illustrated are the major support/resistance levels in red thick line
• Current trading range is 139.300-144.730
• Major currencies lost almost 300 pips against the Yen following the news
• On the chart above, illustrated an ascending channel the Dollar Yen is trading in, a bullish pattern indicating further gains on the cards
• Also illustrated are the major support/resistance levels in red thick line
• Current trading range is 139.300-144.730
Ramzi Abou Abdallah, CFTe, CMT
♦️ Subscribe to my telegram channel for daily signals for free, link below:
♦️ t.me/accu_trading
♦️ Subscribe to my telegram channel for daily signals for free, link below:
♦️ t.me/accu_trading