Buffetbaby

Slow and steady wins the race

Lång
FX:USDJPY   USA-dollar/Japansk yen
The Yen a.k.a "the" safe haven investment has seen sum nice rallies this year. So whipping out the Fibonacci we can see that from our swing high October 3 we had a high of 114.52. We are at around 38% retracement of that price so we should expect to see a bearish push since it has held very nicely as a resistance. The Rsi as of this writing was nearing the 50% area and the Yen is above its 65 day (blue line) moving average. Look for sum tests of the 112.73 area before a breakout to the golden 61.8% range
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.