UJ trading sideways on resistance

16 thg 12, 2016

Since the day that the feds raised the rates, it appears that UJ topped out at a resistance zone of 118.5 | It has gone back to a sideways lateral movement in similar fashion to pre-American interest rate hike, While UJ has maintained a bullish long stance over the last months, it appears that for now it will stay lateral and is prone to spiking up or dropping short on news.. s3.amazonaws.com/tradingview/snapshots/h/HbE1c7SC.png