Three bear charges are the charm.
USDJPY Daily MA, SR, RSI/STO, MacD.
113.336 current
Juicy oranges. Whispy support and resistance. Main support encounter being a fourth retest of 112.612 level. MAs 200 crossover could push the the downward fan out. 13 MA approaches near 113.866.
RSI/STO suggest oversold, MacD shows sell.
Fibs used a high from December 15 to a low January 31. The .23 level at 113.604 is very close. After that is the .38 level of 114.564. The .5 fib also offering historical resistance at 115.339.
Overall look for a napkin help with this orange. The 112.612 is an interesting level of activity. Something has got to give. That’s three bounces off the same area on the daily with the DollarYen. I want to pour some juice and wait for bear signs around 112.612.
Disclaimer & Donations. I am an idiot, know nothing, and sharing what I'm learning from Trade With Precision. Trading involves risk. You are responsible for your own actions. That said, if this info is helpful to you, the suggested donation is one bitcoin. Thank you for visiting.
USDJPY Daily MA, SR, RSI/STO, MacD.
113.336 current
Juicy oranges. Whispy support and resistance. Main support encounter being a fourth retest of 112.612 level. MAs 200 crossover could push the the downward fan out. 13 MA approaches near 113.866.
RSI/STO suggest oversold, MacD shows sell.
Fibs used a high from December 15 to a low January 31. The .23 level at 113.604 is very close. After that is the .38 level of 114.564. The .5 fib also offering historical resistance at 115.339.
Overall look for a napkin help with this orange. The 112.612 is an interesting level of activity. Something has got to give. That’s three bounces off the same area on the daily with the DollarYen. I want to pour some juice and wait for bear signs around 112.612.
Disclaimer & Donations. I am an idiot, know nothing, and sharing what I'm learning from Trade With Precision. Trading involves risk. You are responsible for your own actions. That said, if this info is helpful to you, the suggested donation is one bitcoin. Thank you for visiting.