JPYBASKET: STRONGER YUAN, THE EFFECT OF TAPERING?
Hello Enthusiast Forex Traders! Here's Long-term outlook for JPYBASKET , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
JPYBASKET is breakng out of the Falling Wedge Pattern. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator already crossed up toward the zero level area, it could indicate a stronger momentum going upward in the future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the any forex pairs.
JPYBASKET is breakng out of the Falling Wedge Pattern. Breaking out of the pattern may indicates a potential bullish bias ahead. The momentum indicator already crossed up toward the zero level area, it could indicate a stronger momentum going upward in the future.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the any forex pairs.
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SORRY FOR THE TYPO, I MEAN STRONGER YEN
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CANNOT CHANGE THE TITLE, BUT IT IS OUTLOOK FOR YEN
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Strong Rejection at the pre-determined multiple rejection area :)
