Bears slumping all up on UJ's lumps

21 thg 9, 2016

UJ still holding this descending triangle, but a breakout is imminent. Conveniently, the historical S/R level represented by the dotted purple line represents flawless confluence with the .618 fibonacci retracement. Additionally, a breakout to the downside would coincide with a breakout of the current daily rising channel on DXY.