DKKJPY: Sell opportunity on 1W.

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DANISH KRONE / JAPANESE YEN (FX_IDC:DKKJPY)

FX_IDC:DKKJPY DANISH KRONE / JAPANESE YEN

trendanalysis chartpattern indicator dkkjpy dkk jpy danishkrone japaneseyen forex currencies currency

The pair is on a long term 1M Channel Down (RSI = 46.346, MACD = -0.067, Highs/Lows = -0.0252), which is trading on its inner resisting trend line. This 1W Resistance is waving a short flag (RSI = 47.484, MACD = -0.125, Highs/Lows = 0.0000) here and we are taking this long term short with TP = 16.420.

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